We have recently upgraded our telephone systems and as a result of this our phone and fax numbers have changed, these are set out below and we would be grateful if you would update your records accordingly.
Below is a Thought Leadership video clip where Gordon MacRae, Zolfo Cooper's Managing Partner in the Cayman Islands, talks about the IAIR (International Association of Insurance Receivers) designation.
It has become apparent to us following experience on a couple of property based cases that the term “receivership” conjures up very different first impressions, depending on the domicile of the persons involved.
In particular, the US understanding and practice is very different from that understood by people having an English common law background, and that includes jurisdictions such as the Caribbean, Hong Kong, Australia and New Zealand and other parts of the world.
BVI Companies are often used in complex group structures often encountered in the Far East. They are often intermediate holding companies whose assets frequently comprise shares in other companies, which trade or hold valuable real assets. Sometimes, the BVI company owns other assets or may have claims and in those cases, it is often necessary for the liquidator of the BVI Company (“Liquidator”) to seek the assistance of the Courts in the Far East to enable him to secure assets he has identified, obtain...
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