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A Hong Kong court has struck out part of a fraud claim brought by the liquidators of Cayman-incorporated China Medical Technologies against one of the company’s former directors.
02 January 2020
Senior bondholders in a Cayman-registered issuer have agreed a US$482 million restructuring with Lloyds and UBS for a deal securitising ground rents from a Tchenguiz-owned portfolio of sheltered housing properties.
18 December 2019
Big Four firm EY is set to hire Kalo Advisors managing directors Eleanor Fisher and Tammy Fu in the Cayman Islands.
18 November 2019
Offshore restructuring and insolvency boutique Kalo has hired a former AlixPartners managing director for its Cayman Islands office.
01 November 2019
The liquidator of an international oil and gas group’s Cayman holding company has filed Chapter 15 proceedings in New York, accusing its US-based directors of being “consistently uncooperative”.
31 October 2019
Offshore firm Conyers Dill & Pearman has hired Jonathon Milne from Mourant Ozannes as a partner in its Cayman Islands litigation and restructuring practice.
28 October 2019
After over a decade of waiting, creditors of a Saad Group holding company are to receive distributions in the wake of Saudi conglomerate Ahmad Hamad Algosaibi & Brothers’ failed US$4 billion Cayman fraud litigation – even as AHAB’s appeal in the case remains underway.
22 October 2019
A Taiwanese businessman contesting the US$2.6 billion restructure of an offshore oil drilling group does not have a dog in the fight, a US district court judge has ruled.
26 June 2019
Recently rebranded boutique R&H Restructuring has hired former EY executive director Claire Loebell in the Cayman Islands.
15 May 2019
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