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Terminating Cayman vehicles and minimising 2024 fees

Do you have any Cayman vehicles that you are considering terminating?

Cayman Islands, Capital Markets, Insolvency & Restructuring, Private Client & Offshore Services, Ogier, Liquidation
Reflections from the FIRE Starters Global Summit in Dublin

This article was originally published by ThoughtLeaders4 FIRE.

Introduction

There was a distinct air of positivity and delight to be out and about networking again at the FIRE Starters Global Summit in Dublin. Once again the event was well attended by a wonderful and dynamic group of international professionals from across the advisory spectrum in asset recovery, fraud and insolvency and many new networks were forged over the fun three-day event.

Cayman Islands, European Union, Guernsey, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Public, White Collar Crime, Ogier, Brexit, Crowdfunding, Non-fungible tokens, US Department of Justice
Termination of Cayman vehicles - advance planning to minimise 2020 fees

Do you have Cayman vehicles that you are considering terminating?

If so, you should consider initiating the process now to minimise or eliminate 2020 annual fees. This note contemplates corporate vehicles but similar considerations apply to partnerships.

Termination by voluntary liquidation

Cayman Islands, Insolvency & Restructuring, Private Client & Offshore Services, Securitization & Structured Finance, Ogier, Cayman Islands Monetary Authority