Fri 11/24/2023 11:06 AM
Reorg Asia Highlights:
The Cayman Islands Court has rejected an adjournment application filed by Atom Holdings seeking to stall a winding-up petition filed by the company’s creditors; and
The Cayman Court reiterated the principles that apply to adjournment applications, noting that absent an adjournment applicant showing “special reasons,” the court would be “leery” about last-minute adjournment applications.
The Cayman Islands Court, in rejecting a last-minute adjournment...
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