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Explanatory Memorandum on the legal requirements of a scheme of arrangement under the companies law in the Cayman Islands. Includes overview of required procedures, classes of members and creditors, summons for directions, meetings of various classes, petitions, and effects of courts sanctions.

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Region: Cayman Islands
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
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