October 23, 2021

Cayman Islands: SEB v Weavering Court Of Appeal Judgment

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Article by Guy Manning and Michael Popkin From Campbells WEAVERING PREFERENCE CLAIM UPHELD BY COURT OF APPEAL Earlier this year, the Cayman Islands Court of Appeal (“CICA”) heard the appeal of Skandinaviska Enskilda Banken AB (Publ) (“SEB”) against the 5 January 2016 order of Mr Justice Clifford of the Grand Court inConway and Walker (as […]

Cayman Islands: Cayman Clawback Orders against Weavering investors upheld

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Article by Rachael Reynolds and Paul Murphy Ogier From Mondaq In November 2016 the Cayman Islands Court of Appeal (“CICA”) rejected Skandinaviska Enskilda Banken AB’s (Publ) (“SEB”) appeal against Mr Justice Clifford’s decision to order that redemption proceeds of approximately US$8 million (the “Redemption Payment”) should be repaid to the liquidation estate of Weavering Macro […]