Luke Petith

Walkers

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Cayman Islands Schemes of Arrangement now available for Exempted Limited Partnerships using the Restructuring Officer Regime

A Cayman Islands scheme of arrangement is a court approved compromise or arrangement between a company and its creditors or shareholders (or classes thereof). A scheme of arrangement is frequently used to implement a...more

3/25/2024 / British Virgin Islands , Cayman Islands , Companies Act , Creditors , Debt Restructuring , Dispute Resolution , Insolvency , Limited Partnerships , Shareholders

Taking a Closer Look at the Law Relating to the Appointment of Inspectors

Synopsis In the matter of Avivo Group (Cause No. FSD 145 of 2022 (RPJ)), Walkers, instructing Ms Clare Stanley KC of Wilberforce Chambers, acted as Cayman Islands counsel to Avivo Group (the ‘Company’) in respect of its...more

2/6/2023 / Cayman Islands , Companies Act , Investment Management , Jurisdiction

Cayman Inspectorship Under the Microscope

In the matter of Avivo Group (Cause No. FSD 145 of 2022 (RPJ)), Walkers, instructing Ms Clare Stanley KC of Wilberforce Chambers, acted as Cayman Islands counsel to Avivo Group (the "Company") in respect of its successful...more

12/20/2022 / Agricultural Sector , Cayman Islands , Companies Act , Corporate Misconduct , Shareholders

Judgment on Declaratory Relief in Cayman Islands Insolvent Liquidation Proceedings

A recent decision of Kawaley J sitting in the Grand Court of the Cayman Islands (the “Grand Court”) has provided helpful clarification on what he described as a “legally significant” and “important jurisdictional point”. The...more

7/21/2022 / Cayman Islands , Companies Act , Declaratory Relief , Jurisdiction , Liquidation

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