Privy Council blocks Cayman liquidator’s change of member register
George Town, Grand Cayman (Credit: shutterstock.com/Jo Ann Snover)
The UK Privy Council has found that Cayman Islands law does not allow liquidators to rectify a company’s member register against the legal rights of its investors, who it said should receive distributions in accordance with the shares that they hold.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now