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Solomon Harris, Cayman Islands Attorneys at Law
Webinar- Managing Distressed Cayman Funds

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Managing Distressed Cayman Funds, Lessons Learned for New Funds and
UK Tax Legislation Affecting Cayman Funds


Tuesday 21st April 2009- 11:00 a.m. to 12:30 p.m. E.D.T.

Webinar details
A panel discussion of the options available to distressed Cayman funds and the important relevant components of the offering documents.



Discussion topics:
Part 1

  • Reasons for liquidity issues.
  • Withholding redemption payments.
  • In-kind payments.
  • Redemption gates.
  • Side pockets


Part 2

  • Defining Voluntary Winding Up
  • When can a company be voluntarily wound up?
  • The effects of a Voluntary Winding up
  • Notice of Winding up
  • Declaration of Solvency
  • Court-supervised Liquidation
  • Conduct of Voluntary Liquidation


Part 3

  • The New UK Fund Regime
  • EUSD in Relation to Funds
  • Transfer Pricing, Offer Documents, Corporate Residence and Tax Investigations.


Please click here to download the presentation slides.

Speakers

The panel included the following experts:

Paul Scrivener, Partner and head of the Investment Funds Group at Solomon Harris;
Jonathan Fitzgibbons, Senior Associate, Investment Funds Group;
Sam Dawson, Senior Associate, Dispute Resolution and Corporate Recovery Group;
Laura Hatfield, Partner and head of Dispute Resolution and Corporate Recovery Department; and
Paul Hotchkiss, Tax Partner of KPMG Isle of Man.

For articles and more information about Cayman Islands hedge funds, please visit our resource website:
CaymanHedgeFundWorld.com