June 16, 2021

Liquidators seeks U.S. bankruptcy for Platinum Partners’ funds [insolvency proceeding underway in Cayman Islands]

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By Lawrence Delevingne and Tom Hals From Reuters Two Platinum Partners hedge funds have sought U.S. Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in New York federal court Tuesday. In August, a Cayman Islands court ordered that an outside expert unwind the so-called offshore versions of […]