Spencer Vickers

Mar 26, 2024 | mondaq.com | Derek Stenson |Philippa Gilkes |Spencer Vickers |Frank B. Farrell

A warm welcome to our latest edition of Conyers Coverage. It's been a dizzying year to date for the Cayman Islands (re)insurance industry, so it's time for some updates and insights. The momentum is real and the pipeline is strong, with a significant increase in interest following the Cayman Reinsurance Roundtable in New York in January and the Refocus conference in February.

Feb 23, 2024 | businesslawtoday.org | Alex Davies |Jonathon Milne |Mauricio Da Rocha |Spencer Vickers

Following the English High Court’s written reasons for sanctioning the Adler Group restructuring plan on April 21, 2023 (you can read our deep dive on this decision here), the English Court of Appeal overturned the High Court’s decision and sent a strong message regarding future Part 26A restructuring plans and, in particular, the cross-class cramdown regime.

Feb 22, 2024 | businesslawtoday.org | Alex Davies |Spencer Vickers |Jordan McErlean |Jonathon Milne

On August 31, 2022, significant amendments to Part V of the Cayman Islands Companies Act (“Act”) took effect to revamp the Cayman Islands restructuring regime. These amendments introduced the new role of a court-appointed “Restructuring Officer” and a dedicated “Restructuring Petition.” The Cayman Islands restructuring officer regime (“RO Regime”) shares certain features with the Chapter 11 bankruptcy procedure in the US and Canada’s Companies’ Creditors Arrangement Act.

Dec 6, 2023 | cdr-news.com | Spencer Vickers

Cayman Islands-based Conyers Dill & Pearman practitioners Spencer Vickers and Alecia Johns... Cayman Islands-based Conyers Dill & Pearman practitioners Spencer Vickers and Alecia Johns discuss the latest developments in the Primeo litigation, which commenced in 2013 as part of the Madoff fallout.

Aug 22, 2023 | jdsupra.com | Erik Bodden |Jonathon Milne |Spencer Vickers

In a series of recent judgements, the Cayman Islands Grand Court has celebrated the 25th anniversary of the introduction of the segregated portfolio company (“SPC”) regime in the Companies Act by confirming the strict separation of assets and liabilities between segregated portfolio (“SP”) as the defining feature of SPCs in the circumstances where an SP and/or the SPC itself were in distress.