News - Expertise: Insolvency & Corporate Restructuring
Read our latest articles, thought leadership, press releases, updates and announcements.
The information within these articles are opinions and/or pieces of thought leadership.
They do not purport to be comprehensive or to render legal advice.
18 Oct 2017
Maples and Calder advised Ocean Rig UDW and three of its subsidiaries in relation to the complex, cutting edge and successful restructuring of US$3.7 billion of financial indebtedness. Among other innovations, the restructuring involved the first ever Cayman Islands schemes of arrangement of foreign incorporated companies and the first use of a Cayman Islands STAR trust in a restructuring.
9 Oct 2017
Maples and Calder is pleased to announce the recruitment of Adrian Francis, formerly a barrister at Three Stone in London. Adrian joins as a partner in the firm's BVI Litigation and Insolvency practice.
20 Sep 2017
In a decision that will reassure investors in Cayman Islands investment funds and other vehicles, the Grand Court has shown its willingness to facilitate the investigation of legitimate concerns raised during a voluntary liquidation.
The decision is the first written ruling on the Court's power to defer the dissolution of a Cayman Islands company in voluntary liquidation under section 151(3) of the Companies Law and also considers the Court's power to bring a voluntary liquidation under the Court's supervision in the context of an investigation into possible wrongdoing.
18 Jul 2017
Robin McDonnell, Saranna Enraght-Moony and Karole Cuddihy provide an analysis of current economic conditions and insolvency case developments in Ireland. Their contribution formed part of the fourth edition of The International Insolvency Review, published in October 2016 and covering law in 29 jurisdictions.
18 Jul 2017
Arabella di Iorio and David Welford provide an analysis of current economic conditions and insolvency case developments in the British Virgin Islands. Their contribution formed part of the fourth edition of The International Insolvency Review which covered 29 jurisdictions.