Materials from the ABI Caribbean Insolvency Symposium
The 5th Annual Caribbean Insolvency Symposium was held February 5-7 at the beautiful Westin Casuarina Resort & Spa on Grand Cayman Island. This year’s program featured top speakers on distressed debt in one of the world’s major financial centers. The educational program provided attendees with an interactive learning experience led by prominent bankruptcy judges as well as experienced practitioners. Several of the sessions were of particular interest to the committee.
Panelists in the session “Alternatives to Chapter 15: U.S./Caribbean,” discussed the dramatic changes to cross-border trade and related lending and investment structures in recent years and the international effort towards insolvency law reform. Patricia A. Redmond of Stearns, Weaver, Miller, Weissler, Alhadeff & Sitterson, PA in Miami moderated the session. Panelists included Andrew Bolton of Appleby in Grand Cayman, Peter B. Castel of Thirteen Old Square in London, Chirstopher J. Redmond of Husch Blackwell Sanders LLP in Kansas City, Mo. and Simon Whicker of KPMG LLP in Grand Cayman. Please click the link below to view the materials prepared by Mr. Redmond.
Alternatives to Chapter 15 "Are They Really Necessary"
The session, “New and Exciting Development in Chapter 15,” provided background on cross-border cases before chapter 15, the purpose and application of chapter 15 and a review of recent cases. Panelists included Hon. Elizabeth S. Stong of the U.S. Bankruptcy Court (E.D. N.Y) in Brooklyn, N.Y., Judith Elkin of Haynes and Boone, LLP in New York, Brian K. Gart of Berger Singerman, PA in Ft. Lauerdale, Fla., Christopher A. Jarvinen of Hahn & Hessen LLP in New York and Sheryl E. Seigel of Lang Michener LLP in Toronto. Please click the link below to view the materials.
New and Exciting Developments in Chapter 15
Panelists in the session “U.S. Litigation Reaching Cayman Directors – What to Do?” discussed the fiduciary duties of corporate directors and recent related court cases. Laura Hatfield of Solomon Harris in Grand Cayman moderated the session. Panelists included Lawrence Edwards of STS Capital Partners in Grand Cayman, John Lewis of DMTC Group in Grand Cayman, Paul Scrivener of Solomon Harris in Grand Cayman and Mark J. Wolfson of Foley and Lardner LLP in Tamps, Fla. Please click the link below to view the materials .
U.S. Litigation Reaching Cayman Directors - What to Do?