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Grand Court of the Cayman Islands reconfirms Flexible Balance Sheet Insolvency Test for Segregated Portfolios

The Grand Court of the Cayman Islands (Kawaley J) handed down a recent decision appointing receivers over a segregated portfolio, in the case of In the Matter of Green Asia Restructure Fund SPC[1].

Cayman Islands, Insolvency & Restructuring, Litigation, Walkers, Receivership
Introduction of the New Cayman Islands Restructuring Officer Regime

The much-anticipated and welcome reforms to the Cayman Islands restructuring and insolvency legislation will come into force on 31 August 2022.

Cayman Islands, Insolvency & Restructuring, Walkers, Articles of association