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Recent Court Decisions on Hedge Funds in the Cayman Islands, Bermuda and BVI

February 2009 Nigel K. Meeson QC

With the hedge fund industry severely impacted by recent events, many offshore funds have been left facing serious liquidity issues and substantial redemption requests they cannot meet. In order to trade out of difficulty or preserve assets for the benefit of all members, funds often take steps to suspend redemptions. It is not surprising then that disputes regarding the exercise of such powers have recently come before the courts offshore. The decisions discussed herein will provide guidance to funds and investors concerning the proper exercise of suspensions and remedies available when disputes arise.

 

To continue reading full articles in PDF format:
Recent Court Decisions on Hedge Funds in the Cayman Islands, Bermuda and BVI

 


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359


This article was originally printed by The Lawyer and can be found here.

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Articles

Recent Court Decisions on Hedge Funds in the Cayman Islands, Bermuda and BVI

25 February 2009 Nigel K. Meeson QC

With the hedge fund industry severely impacted by recent events, many offshore funds have been left facing serious liquidity issues and substantial redemption requests they cannot meet. In order to trade out of difficulty or preserve assets for the benefit of all members, funds often take steps to suspend redemptions. It is not surprising then that disputes regarding the exercise of such powers have recently come before the courts offshore. The decisions discussed herein will provide guidance to funds and investors concerning the proper exercise of suspensions and remedies available when disputes arise.

 

To continue reading full articles in PDF format:
Recent Court Decisions on Hedge Funds in the Cayman Islands, Bermuda and BVI

 


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359


 

expertise

Investment Funds


International Office(s)

Cayman Islands