Independent Directors: Salutary Lessons from the Cayman Islands Court
04 Oct 2011
On 26th August 2011, the Grand Court of the Cayman Islands delivered its ruling on the claim of the liquidators of Weavering macro Fixed Income Fund Ltd against the independent directors. Iain McMurdo and Colin McKie discuss the background on the deal, the judgment and lessons learned.
This article was first published in The Hedgefund Journal in September 2011.
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