Cayman Islands: The New Regime For Restructuring Officers

On 31 August 2022, the Cayman Islands introduced the restructuring officer regime (‘the Regime’) by making certain amendments to the Cayman Islands Companies Act (‘the Act‘). In this article we consider the benefits of the Regime now that it has been in place for nearly twelve months, and how it is operating in practice. We also consider the impact that the appointment of a restructuring officer has on the directors of affected companies and how, if at all, restructuring officers can review antecedent transactions.

English Company Law: The Carib…