6/11/2009
START DATE
END DATE
7/29/2009
Founding Partners Global Fund Ltd v Grand of Cayman
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda Commercial Court
Commercial Law Insolvency Law
Kawaley J
Mr. Mark Diel (Marshall Diel & Myers)
FACTS OF THE CASE:
Case involves the liquidation of Founding Partners Global Fund Ltd a company incorporated in Cayman with proceedings initiated by Cayman Grand Court's request
SUMMARY:
Recognition and assistance of foreign insolvency proceedings in Bermuda
OUTCOMES:
Recognition of the Caymanian Joint Provisional Liquidators' appointment empowerment to act in Bermuda stay on proceedings against the company
RULED IN FAVOUR OF:
Caymanian Joint Provisional Liquidators
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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