This publication has been prepared for the assistance of those who considering mergers, consolidations or schemes of arrangement for or between Cayman Islands companies or between Cayman Islands companies and foreign companies as well as takeovers of Cayman Islands companies. It outlines in broad terms the differences of each process and the general requirements for each under Cayman Islands law.
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 Cayman on their specific proposals before taking steps to implement them.
Copies of the Cayman Islands Companies Law, as amended, have been prepared and are available upon request.