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Cayman Court gives guidance on the status of redeeming investors and approach to distributions

Cayman Islands - June 24 2015 The Grand Court of the Cayman Islands (the Court) recently ruled in favour of Primeo Fund (in official liquidation) (Primeo) in its ongoing...

Rocco Cecere, Peter Hayden.

Grand Court construes section 37(7)(a) of the Companies Law redeemed but unpaid investors are to be treated as creditors

Cayman Islands - June 8 2015 On 4 June 2015 the Cayman Islands Grand Court ruled in favour of Primeo Fund (Primeo), in the ongoing Representative Proceedings between Primeo and...

Rocco Cecere, Peter Hayden.