October 20, 2021

Cayman Islands: The Grand Court follows the usual course in an unusual liquidation

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Article by Ben Hobden and Spencer Vickers From Mondaq Conyers Dill & Pearman  In the matter of Pacific Harbor Asia Fund I, Ltd (In Official Liquidation) (the “Company”) the Grand Court appointed joint official liquidators (“JOL”) from different firms due to the differing opinions of various stakeholders as to the identity of the liquidators. The […]

The Editor Speaks: What steps are being taken in Cayman to make directors more accountable?

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I am asking this question more especially to the hedge fund boards. There is a tightening up of the banking rules in other financial jurisdictions but I haven’t heard of anything being proposed here in the Cayman Islands. In a story in iNews Cayman today under iNews Briefs “Two HSBC directors said quitting over tougher […]