An increasing number of Cayman Islands incorporated companies are being de-listed from public stock exchanges through a “take-private” process, and may subsequently be re-listed elsewhere.
In the course of privatizations, the consideration paid by de-listing companies to dissenting public shareholders can be challenged under the Cayman Companies Law. Shareholders are entitled to seek payment of the “fair value” of their shares, as determined by the Cayman Islands Grand Court, instead of the offer made by the company.
In this joint ForensIG – Restructuring and Insolvency Faculty webinar, Ian Mann, a partner at Harneys and regular speaker at Institute events, who has been involved in a number of the leading cases, will:
- introduce the statutory take-private process;
- explore the underlying legal principles, including “fair value” valuation methodologies; and
- discuss the relevant case law in the Grand Court, Court of Appeal and Privy Council.
Please see the event flyer for details and register early and enjoy discounted price for this event to confirm your place.
| Date & Time |
8 December 2020,Tuesday |
|
1:00p.m.–2:00 p.m. |
| Format |
Live Webinar |
|
(There will be real time Q&A) |
| Fee |
HK$120per person for ForensIG members/RIF members/ ACFE members |
|
HK$220 per personfor Non-ForensIG members/ Non-RIF members |
| Application deadline |
Online enrolment by 6December2020 |
|
(offline enrolment by 2December2020) |
