A fundamental principle of insolvency law in the Cayman Islands is that upon the commencement of a liquidation of a company, a line is drawn in the sand and the assets of an insolvent company should ...
The Situation: Should liquidators be personally liable for the costs of unsuccessful appeals, without an entitlement to reimbursement by the company or its creditors in relation to those costs? The ...
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
The court examined whether a liquidation recovery application was time-barred. It held that statutory limitation under company law cannot be extended by judicial ...
In OMNIDEA AB soċjetà Svediża (bin-numru ta’ reġistrazzjoni 556586-8386) bħala kreditriċi tas-soċjetà Pegion Operations Limited (C 54638) vs Pegion Operations Limited (C 54638), decided by Mr. Justice ...