The Cayman Islands has long been a leading offshore jurisdiction in the area of creative and practical cross-border restructuring and insolvency. A rich vein of these cases has involved enterprises with a U.S. base, a Cayman holding company and operating subsidiaries worldwide.
Cayman Court Facilitates Chapter 11 Restructuring of Parent Company
the authors were heavily involved in the cross-border restructuring of CHC Group Ltd. (CHC Parent). CHC Parent was the ultimate holding company of the CHC Group (the Group), being one of the world's largest commercial helicopter services providers, primarily engaged in servicing the offshore oil and gas industry. This article provides a narrative about the case.
By
Tony Heaver-Wren, Jeremy Snead and Dave Bulley
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