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Enforcement of contracts

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Old 02-24-2008, 04:19 PM     #1
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Question Enforcement of contracts

Can a Cayman Island company / corporation still carry on the day to day business with regards to enforcement of contracts signed by these corporations prior to and after said companies have been de-listed according to the Cayman registrar years ago in 2002?
In this situation would the contracts signed under these de-listed corporations be nullified?
Can they just move to another country and still enforce these contracts by re-incorporating under the same or another name? There is no indication by the Cayman registrar that these corporations have transferred their charters to any other port. Thanks for any opinion you can lend in this matter...
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Old 02-28-2008, 11:33 AM     #2
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Default Re: Enforcement of contracts

Normally they do not have power to act and the contract can be nullified--unless both parties act on it and rely etc.
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