Following the English High Court’s written reasons for sanctioning the Adler Group restructuring plan on 21 April 2023, the English Court of Appeal has overturned the High Court’s decision and sent a strong message regarding...more
2/20/2024
/ Appeals ,
Cayman Islands ,
Commercial Litigation ,
Corporate Governance ,
Corporate Restructuring ,
Creditors ,
Debt ,
Debt Restructuring ,
Dispute Resolution ,
EU ,
Liquidity ,
Shareholders
On 20 September 2023, the Privy Council delivered the much-anticipated judgment in FamilyMart China Holding Co Ltd v Ting Chuan (Cayman Islands) Holding Corporation [2023] UKPC 33, on appeal from the Cayman Islands Court of...more
The United Kingdom Supreme Court (the “UKSC”) recently delivered its eagerly anticipated judgment in BTI 2014 LLC v Sequana SA and others [2022 UKSC 25] (“Sequana”). The reasoning in Sequana will be highly persuasive in the...more
11/4/2022
/ Appeals ,
Breach of Duty ,
Cayman Islands ,
Directors ,
Fiduciary Duty ,
Good Faith ,
Insolvency ,
Jurisdiction ,
Shareholders ,
UK ,
UK Companies Acts ,
UK Supreme Court
In the recent judgment of Gol Linhas Aereas SA (formerly VRG Linhas Aereas SA) (Respondent) v MatlinPatterson Global Opportunities Partners (Cayman) II LP and others (Appellants) [2022] UKPC 21, the Privy Council upheld the...more