Mergers vs Schemes of Arrangement
Refined legislation in the Cayman Islands has been introduced to provide a modern and simple mechanism for implementing takeovers without the involvement of the courts. John Trehey and Michael Gagie examine the differences between Mergers and Schemes of Arrangement and weigh the pros and cons of each to determine which may potentially become the future takeover method of choice.
Please see the attached article for further information. It was first published in June 2011 by IFLR.