Hayden Morgan BVI: Commercial Court Removes Liquidators for Failure of Neutrality In a Section 187 removal application under the BVI Insolvency Act, the BVI Commercial Court ordered the removal of joint liquidators who took an adversarial stance against a major creditor, delayed ho... BVI Insolvency
Hayden Morgan Singapore: Model Law Bars Retrospective Fraudulent Trading Standing (Blackstone Asia v StanChart) In Blackstone Asia Real Estate Partners Ltd v Standard Chartered Bank [2026] SGCA 12, the Singapore Court of Appeal held that Article 23(9) of the SG Model Law prohibits granting foreign liquidators s... Hong Kong Insolvency
Hayden Morgan SDNY: District Court Vacates Chapter 11 Plan Exculpations (In re Voyager Digital) Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York has vacated confirmation order exculpation provisions in In re Voyager Digital Holdings, Inc. (No. 23-CV... Insolvency SDNY
Hayden Morgan Hong Kong: High Court Rejects PwC Global Network's Bid to Exit Evergrande Lawsuit In a judgment handed down on 26 August 2026, Deputy High Court Judge Patrick Fung rejected an application by PricewaterhouseCoopers International Ltd (PwCIL) to be struck out of the multibillion-dolla... Hong Kong Insolvency
Hayden Morgan Singapore: Apex Court Reaffirms AnAn Arbitration-Insolvency Framework In Singapore Commodities Group v Founder Group [2026] SGCA 24, the Singapore Court of Appeal reaffirmed the AnAn framework governing winding-up petitions founded on disputed debts subject to arbitrati... Insolvency Singapore
Hayden Morgan Cayman Islands: CICA Restricts Administrative "Paper" Winding-Up (PetroSaudi) The Cayman Islands Court of Appeal (CICA) handed down its decision in In the Matter of PetroSaudi International [2026] CICA (Civ) 14, setting aside two first-instance Grand Court orders arising from i... Cayman Insolvency
Hayden Morgan Cayman Islands: Provisional Liquidations Pending Foreign Arbitration & Statutory Restructuring Officers 1. Provisional Liquidators Appointed Pending Arbitration ( Peakwave ) In Peakwave Investment Management Ltd v Energy Evolution GP Ltd [2026] CIGC (FSD) 7, the Financial Services Division (FSD) of the ... Cayman Insolvency
Hayden Morgan Luxembourg: Modernisation of Insolvency Proceedings & Digitalisation (Bill No. 8735) The Luxembourg Parliament has enacted Bill No. 8735 , amending the Commercial Code and finalizing the implementation of the Law of 7 August 2023 on the preservation of businesses. The legislation comp... Insolvency Luxembourg
Hayden Morgan Bermuda: Supreme Court Compulsory Winding Up of Licensed Reinsurer (BMA v Berking Re) In Bermuda Monetary Authority v Berking Re Ltd [2026] SC (Bda) 74 Civ (judgment published late July/August 2026), the Supreme Court of Bermuda granted a compulsory winding-up order against a licensed ... Bemuda Insolvency
Hayden Morgan Cayman Islands: Provisional Liquidators Appointed to Protect Assets Pending Arbitration (Peakwave) The Financial Services Division of the Grand Court of the Cayman Islands has issued an authoritative judgment in Peakwave Investment Management Ltd v Energy Evolution GP Ltd [2026] CIGC (FSD) 7, addre... Cayman Insolvency
Hayden Morgan UK Supreme Court Landmark: Drelle Overturned – Foreign Judgments Regain Direct Insolvency Standing The UK Supreme Court delivered its long-anticipated judgment in Drelle v Servis-Terminal LLC [2026] UKSC, delivering an decisive victory for cross-border asset recovery practitioners and judgment cred... Insolvency UK
Hayden Morgan BVI & Isle of Man: Preferences, Jurisdiction & Foreign Debt Enforcement BVI Preference Clawback Order: The BVI Commercial Court ordered a connected group company to repay US$125.9 million after a last-minute intra-group loan repayment executed in the "twilight zone" prior... BVI Insolvency IoM
