Topic: restructuring
Butterfield Bank ‘restructuring’ with 22 Cayman job losses expected
Butterfield Bank plans to reduce its global workforce by 9% with as many as 22 jobs in Cayman potentially impacted.
New restructuring, liquidation regime in effect
The Companies (Amendment) Act, 2021 has come into effect 31 Aug.
New restructuring regime takes effect 31 Aug.
An act that reforms the restructuring regime for insolvent companies will come into force at the end of this month.
Lawmakers reform Cayman’s restructuring regime
Legislative changes introduce a formal restructuring procedure under the supervision of a restructuring officer outside the traditional winding-up process.
Kalo announces double promotion
Cayman Islands insolvency and restructuring firm, Kalo, has promoted two members of its Cayman Islands team to management roles.
