Partners Kevin Taylor and Nicole Tovey, along with senior associates Benjamin McCosker and Shannon Dyer, have authored the Chambers 2020 Global Practice Guide: Insolvency - Bermuda: Law and Practice.
British Virgin Islands
Throughout 2020, the British Virgin Islands (BVI) has remained one of the most significant offshore jurisdictions. According to the BVI Financial Services Commission (FSC) latest annual report...
We appreciate that these are challenging times and that the need for cross-border advice on insolvency and restructuring matters may be required at short notice.
The first part of this chapter looks at the key aspects of the successful Cayman Islands restructuring regime.
As Covid-induced insolvencies and restructurings gather pace, in Sun Cheong Creative Development Holdings Limited the Grand Court of the Cayman Islands (the "Grand Court") has provided a timely overview
In appointing restructuring provisional liquidators ("RPLs") to the Cayman Islands incorporated company, Sun Cheong Creative Development Holdings Limited ("SC")
In 2019, a total of six restructuring petitions were filed in the Grand Court of the Cayman Islands. Of these, three related to share capital reductions and two related to schemes of arrangement.
In a recent decision of the Grand Court of the Cayman Islands (the "Grand Court") in the matter of Sun Cheong Creative Development Holdings Limited (FSD 160 of 2020)
Patrikios Pavlou & Associates
The guide provides expert legal commentary on out-of-court
restructurings and consensual workouts
ISOLAS LLP Partner, James Montado, and Associate, Michael Adamberry, have contributed to the Gibraltar chapter of the Chambers Insolvency Guide.
In this article, we provide an overview of the corporate bankruptcy and insolvency regime in Hong Kong.
In the current economic climate, and particularly in the context of the implications of COVID-19 (coronavirus), many businesses are considering restructuring and/or rescheduling indebtedness.
Akin Gump Strauss Hauer & Feld LLP
In Re Ando Credit Limited  HKCFI 2775 ("Re Ando"), the Hong Kong Companies Court recently appointed provisional liquidators over a Hong Kong company, Ando Credit Limited, in novel circumstances with potentially significant consequences.
The COVID-19 pandemic has given us an indelible reminder of the fragility of the social and economic constructs that we had perhaps taken for granted.
Loyens & Loeff
European distressed debtors and creditors face uncertainty regarding English law-governed debt and, more generally, their overall restructuring strategy
United Arab Emirates
It is quite obvious that coronavirus has somewhat brought the economy to a halt for a certain time and the government across countries are trying every bit possible to revive it.
Introduction of the Bankruptcy Law was a major step forward and was influenced by features of a number of insolvency law regimes in other jurisdictions, as well as international insolvency law trends.
While it had been clear for most of the recent economic downturn that the 24% of Hong Kong Stock Exchange (HKSE) listed companies incorporated in Bermuda may have recourse to the...
With the quote set out above, Mr Justice Harris, the Companies Court judge of the Hong Kong High Court, Court of First Instance, shone a spotlight yet again on a vexing issue that has persisted...
This chapter discusses the defining features of Bermuda's insolvency landscape and the primary insolvency and rescue procedures available under Bermuda law, including compulsory liquidations...