Provisional Liquidation

In the Cayman Islands, Provisional Liquidation appointments can be used to support a restructuring and, also more traditionally, to safeguard the company and its shareholders against the misconduct of a company's principals or to prevent the dissipation of company assets ahead of a hearing of a petition to wind up the company,. Oftentimes, subject to the appointment orders, a ‘traditional’ provisional liquidation appointment will include directions to investigate the transfer, assets or the conduct of the principals. Interpath have proven cross-jurisdiction experience in asset recovery and fraud investigation.