A fundamental principle of insolvency law in the Cayman Islands is that upon the commencement of a liquidation of a company, a line is drawn in the sand and the assets of an insolvent company should ...

The Situation: Should liquidators be personally liable for the costs of unsuccessful appeals, without an entitlement to reimbursement by the company or its creditors in relation to those costs? The ...

The issue was whether disputed receivables could be recovered through NCLT during liquidation. The tribunal held that ...

The High Court has appointed a provisional liquidator to a Co Galway automation equipment firm that ran into financial difficulty following a customer’s cancellation of a major contract.

Liquidation law is currently in the spotlight. A niche area of insolvency law has become a hot topic for New Zealand businesses, thanks to a recent spate of court action. Most businesses will have ...

A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.

A provisional liquidator has been appointed by the High Court to a shipping company which has become "hopelessly insolvent" it is claimed due to an alleged fraud by its managing director. The order ...

In OMNIDEA AB soċjetà Svediża (bin-numru ta’ reġistrazzjoni 556586-8386) bħala kreditriċi tas-soċjetà Pegion Operations Limited (C 54638) vs Pegion Operations Limited (C 54638), decided by Mr. Justice ...