Examining the Consequences of Non-Compliance with the Companies Winding Up Rules.

Mondaq Business BriefingNbr. 2010, January 2010

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HSH Cayman v ABN AMBRO Bank - Case overview

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Examining the Consequences of Non-Compliance with the Companies Winding Up Rules.

HSH Cayman v ABN AMBRO Bank - Examining the Consequences of Non-Compliance with the Companies Winding Up Rules, Cayman Islands Whether one practises under a pre or post Woolf procedural regime it is not uncommon to hear statements to the effect that the rules of the court are intended to be complied with, and not intended to be mere "targets" towards which to aspire. Yet, practitioners have become accustomed to a certain degree of willingness by the courts to exercise its discretion to excuse non-compliance with...

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