This article first appeared in volume 48 of the RSCR, published on 3 June 2015. 

In this article Maples and Calder's Gwyneth Rees, Kelli L. Moll of Akin Gump Strauss Hauer & Feld, Neil Koren of Shartsis Friese LLP, and Peter Astleford of Dechert LLP discuss the impact of the 2008 financial crisis on the hedge fund industry and the fiduciary duties within English law and Cayman as compared to those of the US. 

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