Cork Gully Realises Value for Stakeholders in Destiny Pharma Liquidation
Cork Gully is pleased to announce the successful sale of key assets from Destiny Pharma Limited (in liquidation), an AIM-listed clinical-stage biotechnology company...
Insolvency Framework for Seychelles International Business Companies
Our new guidance framework provides a clear and structured overview of the insolvency process as it applies to Seychelles International Business Companies (IBCs), supporting directors, creditors, and other stakeholders navigating financial distress or wind-down scenarios.
Cork Gully is experienced in managing solvent and insolvent liquidations in the Seychelles and current mandates include an insolvent former Virtual Asset Service Provider (VASP) with novel points of law and over 100,000 users.
Key highlights include:
- Voluntary & Compulsory Liquidation pathways
- Court-supervised Plans of Arrangement for restructuring
- Strong creditor rights and asset recovery tools
- Active oversight by the Seychelles Financial Services Authority (FSA)
View the framework here.