Axiom Fund: Investors making one mistake after another

Investors in Axiom Legal Financing Fund have until Wednesday to try to block the appointment of KPMG’s Kris Beighton and John Milsom as Receivers. Once KPMG is ensconced, it will be extremely difficult, perhaps impossible, to have them removed.
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Axiom Legal Financing [...]

From MAPLES
The wind down of Trident Microsystems (Far East) Ltd, a Cayman Islands company (“TMFE“), has been ongoing during the course of this year.  In January 2012, TMFE was placed into Chapter 11 proceedings in Delaware, pursuant to the United States Bankruptcy Code, together with its Delaware incorporated parent company.  In order to support the [...]

Article by Ian Gobin, Appleby
Want to set-up your own hedge fund? If so, you’re not alone. According to a recent report by the Financial Times, last year more than 1,100 new hedge funds launched globally, the highest number since 2007.
There are many factors that will determine the successful launch of a new hedge fund. Your [...]

From MAPLES
The existing legislation governing arbitration in the Cayman Islands was recently repealed and replaced with the Arbitration Law, 2012 (the “Law“).  This article provides a brief overview of the changes and their impact on arbitration as a method for resolving commercial disputes in the Cayman Islands.
The previous arbitration regime
Before 2 July 2012, arbitration proceedings [...]