Topic: insolvency
Abraaj ruling confirms Cayman’s role in global insolvency disputes
A Cayman Islands Court of Appeal ruling against Air Arabia in the ongoing Abraaj liquidation has underlined that foreign creditors cannot cherry pick which parts of Cayman’s insolvency regime apply to them.
Kalo announces double promotion
Cayman Islands insolvency and restructuring firm, Kalo, has promoted two members of its Cayman Islands team to management roles.
Offshore insolvency filings decline
The number of petitions filed in offshore jurisdictions has dropped by 10 percent in 2016.
Cayman Islands bucks trend in offshore insolvency petitions
The Cayman Islands recorded an increase in insolvency petitions in 2015, contrasting with a general decline in the majority of offshore jurisdictions.
