Fraser Hern : Advisory

19 April 2023

In The Matter of Polarcus Limited (In Official Liquidation) FSD 31 of 2021 (IKJ): Judgment on Declaratory Relief in Cayman Islands Insolvent Liquidation Proceedings

The decision of Kawaley J in In The Matter of Polarcus Limited (In Official Liquidation) FSD 31 of 2...

17 April 2023

Appropriation and valuation of Jersey collateral – case law update

BackgroundUnder the Security Interests (Jersey) Law 2012 (the “Security Law”), one method of sec...

30 September 2022

Pre-enforcement Steps and Enforcement Action Under Bermuda, BVI and Cayman Law

The full strength of the economic headwinds facing the UK economy is not yet clear, but a helpful re...

01 August 2022

Introduction of the New Cayman Islands Restructuring Officer Regime

The much-anticipated and welcome reforms to the Cayman Islands restructuring and insolvency legislat...

20 July 2022

Judgment on Declaratory Relief in Cayman Islands Insolvent Liquidation Proceedings

A recent decision of Kawaley J sitting in the Grand Court of the Cayman Islands (the “Grand Court...

19 January 2022

Update on EU AML List – Limited Impact for Cayman Islands

Last March we published an advisory on the Cayman Islands inclusion on the Financial Action Task For...

11 October 2021

Skye Assets Fund Spc – Pressing The Pause Button On A Voluntary Liquidation

Where a shareholder has redeemed his shareholding following a failed investment without objection so...

08 September 2021

CIGA, Brexit and the recognition of Part 26A Restructuring Plans in Guernsey and Jersey

The Channel Islands of Guernsey and Jersey did not introduce emergency insolvency legislation as a r...

10 June 2020

BVI Court of Appeal Overturns Black Swan

In a judgment handed down on Friday 29 May 2020 in Broad Idea International Limited v Convoy Collate...

17 April 2020

Enforcement of Jersey Security

The secured lending market is very familiar with structures involving Jersey entities, including com...