Litigation rulings help clarify situation for investors and hedge funds

Cayman Islands supplement 2011

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Cayman’s legal profession has been busy dealing with the fallout caused by Gates and suspension of redemptions by hedge funds caught in difficult positions due to the financial crisis. Investors, increasingly frustrated with a lack of movement (and return of funds), have turned in some cases to the Cayman court for redress. This had led to a series of high-profile judgements that have sometimes, but not always, clarified the situation for investors and fund managers for the future.

One of the dec