Cayman Court Approves Winding-Up Order For "Insolvency Proof" Sigma Finance Corporation After Complex 16-Year Administrative Receivership In The UK

In an announcement to beneficiaries on 24 March 2024[1], the joint administrative receivers (JARs) of Sigma Finance Corporation (the Company), once thought to be “insolvency proof” 

Filed under:
Cayman Islands, Insolvency & Restructuring, Litigation, Appleby
Authors:
Alan Bercow , Charlotte Walker
Location:
Cayman Islands
Firm:
Appleby
The UKJT Legal Statement On Digital Assets And English Insolvency Law: Implications For Cayman Islands Insolvency Practitioners

The UK Jurisdiction Taskforce has published a comprehensive Legal Statement on Digital Assets and English Insolvency Law.

In this article we review the key aspects relevant to Cayman Islands Insolvency Practitioners.

Introduction

Filed under:
Cayman Islands, United Kingdom, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Appleby, Insolvency
Authors:
Alan Bercow , Charlotte Walker , Ross Mcleod
Location:
Cayman Islands, United Kingdom
Firm:
Appleby