CRO/Restructuring in Cayman vs. Chapter 11 in U.S.
The following session took place during Caribbean Insolvency Symposium in February 2023. The panel will discuss the impact of the amendments to the Cayman Companies Act, which introduce the ability of a company to restructure under the supervision of a company restructuring officer on grounds that the company is or is likely to become unable to pay its debts and intends to present a compromise or arrangement to its creditors (or classes thereof), either pursuant to the Companies Act (2021 Revision) or a foreign law or by way of a consensual restructuring. These provisions will be compared to and contrasted with U.S. chapter 11. All sessions from this conference can be accessed at https://cle.abi.org/.
Materials are available here.
Speakers:
Kai McGriele, Moderator
Bedell Cristin | Grand Cayman, Cayman Islands
Hon. Kevin J. Carey (ret.)
Hogan Lovells US LLP | Philadelphia
Katherine R. Catanese
Foley & Lardner LLP | New York
Grainne King
Harneys | Grand Cayman, Cayman Islands
Barry Lynch
Alvarez & Marsal | Grand Cayman, Cayman Islands