January 31, 2023

Cayman Islands Court of Appeal – Receivers ‘sell’ away into the sunset!

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From Harneys In a recent decision of the Grand Court of the Cayman Islands in Sellten Polska SP. Z.O.O. v JSC Mezhdunarodniy Promyshlenniy Bank, the Honourable Justice Mangatal approved an application by the joint receivers of DB Marine, to sell a yacht known as DB9 for $US6 million. Sellten Polska SP. Z.O.O. (the “Appellant”) appealed […]