History of Student Loan Dischargeability in Bankruptcy
Discharge of student loan debt is governed by § 523(a)(8) of the Bankruptcy Code, which in its present form states:

A Rule 2004 examination is a powerful tool. It allows any interested party (e.g., a creditor) to examine any person regarding “acts, conduct, or property or to the liabilities and financial condition of the debtor, or to any matter which may affect the administration of the debtor's estate, or to the debtor's right to a discharge.” In a chapter 11 case, Rule 2004 examinations are even broader. They include “the operation of any business and the desirability of its continuance, the source of any money or property acquired or to be acquired by the debtor for purposes of consummating a plan and the consideration given or offered therefor, and any other matter relevant to the case or to the formulation of a plan.” Routinely described as a “fishing expedition,” a Rule 2004 examination is “unfettered and broad.”

The Grand Court of the Cayman Islands has statutory and common law authority to provide assistance to parties and courts involved in foreign bankruptcy/insolvency proceedings.

In a recently released judgment, In the Matter of Silk Road Funds Ltd., which was embargoed from Feb. 8, 2018, until May 30, 2019, Chief Justice Anthony Smellie (“Smellie CJ”) clarified the appropriate approach for foreign-appointed receivers when seeking recognition in the Cayman Islands.