Cayman Court stands firms against delay tactics in insolvency dispute
By EsqSocial Corporation 14/04/25
The petition debt must be disputed on substantial grounds. It is an abuse of process to use the winding up court as a debt collection agency. If the Court is to accede to an application to restrain a winding-up petition, the company must establish prima facie on the evidence that to do so would be an abuse of process....
By: Walkers