The courts are generally reluctant to interfere with the outcomes of creditors’ meetings at which resolutions are voted on and passed. After all, such resolutions are decided and voted on by the creditors, thereby...more
6/9/2025
/ Bankruptcy Court ,
Business Litigation ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Creditors ,
Dispute Resolution ,
Insolvency ,
Liquidation ,
Popular ,
Regulatory Requirements ,
Singapore
On 15 May 2024, the Bermuda Court granted an order striking out a winding-up petition (the “Petition”), setting aside an earlier order appointing joint provisional liquidators (“JPLs”), and discharging the JPLs appointed over...more
Is it possible for a debtor company to issue debt (such as bonds) and contractually agree for that debt to rank lower in priority than debts owed by a company to other unsecured creditors? This article examines the commercial...more
5/13/2024
/ Bermuda ,
British Virgin Islands ,
BVI Business Companies ,
Cayman Islands ,
Commercial Litigation ,
Creditors ,
Debtors ,
Dispute Resolution ,
Distressed Debt ,
Insolvency ,
Liquidation ,
Subordination Agreement ,
Winding Up Petitions
On 5 February 2024, the Honourable Justice Paul Webster granted a restoration order (the “Order”) pursuant to section 218A of the BVI Business Companies Act (Revised Edition 2020) (as amended) (the “Act”), declaring the...more
The Honourable Mr Justice Kawaley granted a winding up order against Airstream Investment Ltd (the “Company”), an exempted company incorporated under the laws of the Cayman Islands. Conyers acted for the successful...more
2/22/2024
/ Cayman Islands ,
Companies Act ,
Creditors ,
Debtors ,
Dispute Resolution ,
Foreign Bankruptcies ,
Insolvency ,
Investment Advisory Agreements ,
Liquidation ,
Remuneration ,
Winding Up Petitions