This publication has been prepared for the assistance of those who are considering a merger or consolidation between Cayman Islands companies or between Cayman Islands companies and foreign companies. It deals in broad terms with the requirements of Cayman law concerning such transactions. It is not intended to be exhaustive but merely to provide brief details and information which we hope will be of use to our clients. We recommend that our clients and prospective clients seek legal advice in the Cayman Islands on their specific proposals before taking steps to implement them.
Before proceeding with a merger or consolidation involving a Cayman Islands company, persons are advised to consult their tax, legal and other professional advisers in their respective jurisdictions.