Restructuring, Liquidation Regime Comes into Effect Today

Restructuring, Liquidation Regime Comes into Effect Today

The legislation applies to a company, and any other entity or partnership, that is liable to be wound up under the provisions of Part V of the Companies Act (2022 Revision). Its two main objectives are to separate restructuring from the winding-up regime; and to...
Amendments Would Clarify LLC Responsibilities, Maintain Standards

Amendments Would Clarify LLC Responsibilities, Maintain Standards

While changes would no longer be filed with the Companies Register, the amendment also would require LLCs to maintain, at their registered offices, the names and addresses of their members in their register of members, and the nature of their voting rights; and to...
Amendments Will Improve the Accountants Act

Amendments Will Improve the Accountants Act

The third provision expands the membership categories for the Cayman Islands Institute of Professional Accountants (CIIPA), which regulates the accounting profession in our jurisdiction.   Clarity Limited Liability Partnerships (LLP) in the Cayman Islands can be...
DCI Hosts Music and Dancing Town Hall Meeting

DCI Hosts Music and Dancing Town Hall Meeting

The hour-long dialogue brought together the DCI’s enforcement team, the Chair of the Liquor Licensing Board, representatives from various enforcement agencies, and some 40 persons holding entertainment, DJ, and mobile music and dancing licences.   The purpose of...