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Grand Court clarifies requirements for leave to proceed with a counterclaim against a company in official liquidation

The Grand Court has clarified that, where a company in official liquidation commences proceedings claiming that it holds certain rights, in order for the defendant to proceed with a counterclaim asserting that it is the true...more

Enforcing debts in the Cayman Islands and BVI which are subject to an arbitration clause

Where a debt is due under an agreement (and assuming there is no binding non-petition clause in effect), it is possible to take steps to wind up the company without first proceeding to arbitration, in accordance with the...more

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