Message from the Ministry of Tourism

Message from the Ministry of Tourism

Voluntary liquidations: The benefits of retaining an insolvency practitioner

 There comes a time at the end of any company’s life, or such other time as may be stipulated in the articles and memorandum of association, when the directors of the company must decide whether to formally wind up the company.

Sleeping with an elephant

While one could speak generally of Cayman companies that do business in Cayman, we are finding the greatest impact of this in the liquidation of Cayman hedge funds, particularly in those instances where the investment management, administration and/or assets are in the United States.