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

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…

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

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…