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BVI and Cayman case notes – redemption of shares and consideration; discounted valuation; restoration cases

Overview

This update from offshore specialists Harneys summarises another busy quarter in the commercial courts. Case notes are provided for:

● a claim brought by the liquidators of Fairfield Sentry Limited (a BVI fund which invested in Bernard Madoff’s investment vehicle);
● a recent test case in which parties agreed a "protocol" to value the shares following a section 176 forced redemption;
● a series of restoration cases;
● the finality of foreign judgments;
● Commercial Court Registry and practice directions;
● how the Weavering judgment provides invaluable guidance.

Click 'View Briefing' for the full update.

Categories related to Collective Investment Schemes