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The Cayman Islands government recently announced a draft Bill to amend the Insurance Law to allow certain insurers formed as segregated portfolio companies to register portfolio insurance companies and thereby, obtain the same advantages as incorporated cell companies in other jurisdictions
On 26 August 2011 the Grand Court of the Cayman Islands found that directors Stefan Peterson and Hans Ekstrom of Weavering Macro Fixed Income Fund (the “Fund”) were guilty of wilful neglect in the discharge of their duties
