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216 results found

Article

Herbert Smith Freehills LLP | United Kingdom | 24 Nov 2017

Construction of Exclusions in Insurance Policies

The Claimants (husband and wife) were The Trustees of a self-administered pension scheme and the sole beneficiaries thereunder. The claim arose out of

Article

Schulte Roth & Zabel LLP | USA | 31 May 2017

Second Circuit Affirms Refusal to Approve Foreign Debtor’s Asset Sale

“ Any sale of a foreign debtor’s property in the U.S. outside of the ordinary course of business can be approved by the bankruptcy court

Article

Buddle Findlay | Australia | 4 Oct 2011

Trustees' right to indemnification from trust property (Australia)

In Saker, in the matter of Great Southern Managers Australia Ltd (Receivers and Managers Appointed) (in liquidation), the plaintiffs were the liquidators of Great Southern Managers of Australia Limited (GSMAL).

Article

Harneys | British Virgin Islands | 22 Sep 2011

Redemption of shares and consideration

In a decision of interest in a number of jurisdictions where these types of claims have been made, the BVI Commercial Court handed down judgment today in the claim brought by the liquidators of Fairfield Sentry Limited, a BVI fund which invested in Bernard Madoff’s investment vehicle.

Article

RPC | Cayman Islands | 6 Sep 2011

No more excuses for inactive directors

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.

Article

Harneys | Global | 20 Jul 2011

Choice locations

Western economies, many with recoveries stalling in investors and creditors are considering carefully which jurisdictions will govern their interests in the event of insolvency and what, if anything, can be done to influence the process.

Article

Harneys | British Virgin Islands | 4 Apr 2011

Insolvency position clarified in the BVI

On Friday 1 April, the Court of Appeal handed down its much awaited written judgment in Westford Special Situations Fund Limited v Barfield Nominees et al.

Article

Harneys | British Virgin Islands, Cayman Islands | 9 Feb 2011

Hedge fund euthanasia?

Are the Courts sealing the fate of struggling hedge funds too early or should they be given further time to recover and realize their potential for investors?

Article

Ogier | British Virgin Islands | 19 Oct 2010

Fairfield funds

Liquidators were appointed over Fairfield Sentry Limited, Fairfield Sigma Limited and Fairfield Lambda Limited (together "the Funds") by orders of the BVI High Court dated 21 July 2009, 21 July 2009 and 23 April 2009 respectively.

Article

Harneys | British Virgin Islands | 28 May 2010

Appointing a receiver over assets of a British Virgin Islands company

Is it possible to appoint a receiver over assets which have been charged by a British Virgin Islands (‘BVI’) company (a ‘Company’) under a security document?

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