Caribbean Liquidations

Phillip S. Stenger, working closely with professionals in the Cayman Islands, the Cayman Islands Monetary Authority, the Cayman Islands Attorney General, and the Cayman Islands Grand Court, has been appointed a Co-Liquidator of Cayman Islands companies in liquidation by the Cayman Islands Grand Court. The Cayman Islands Grand Court and the Cayman Islands government take a dim view of the use of the Cayman Islands’ financial sector and banking system to launder money or evade the laws of other jurisdictions and have made a priority of protecting the rights and interests of investors and promoting transparency in the liquidation process. Mr. Stenger’s appointment as liquidator is a clear reflection of these policies.

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