As a continued testament to the strength and market leading expertise of Maples and Calder in the international trusts and private client industry, the firm is pleased to announce that it has been recognised once again within the latest edition of the Chambers High Net Worth (HNW) Guide.
Maples and Calder has once again been recognised for its cross border restructuring expertise on the successful restructuring of Ocean Rig UDW and three of its subsidiaries comprising US$3.7 billion of financial indebtedness by receiving the award for "Innovation in Cross-border Insolvency and Restructuring" at the GRR Awards 2018
Maples and Calder has been recognised for their recent Cayman Islands and Irish legal advice to Ocean Rig UDW and three of its subsidiaries on the successful restructuring of US$3.7 billion of financial indebtedness. The complex and cutting edge restructuring, which is the largest ever Cayman Islands cross border debt restructuring, secured the firm "Restructuring of the Year ($1B - $5B)" and "Energy Deal of the Year" at the 10th Annual M&A Advisor Awards.
In this article Ray Davern and Alex Way examine, from an offshore perspective, Birss J’s treatment of the ‘True Effect of the Trusts’ claim in JSC Mezhdunarodny Promyshlennniy Bank v Pugachev.
In this article Ray Davern and Alex Way dispel some myths and highlight important points about testamentary dispositions of shares in companies incorporated or registered in the British Virgin Islands and the Cayman Islands.