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Privy Council blocks Cayman liquidator’s change of member register

By Dominic Lawson

28 January 2020

Privy Council blocks Cayman liquidator’s change of member register George Town, Grand Cayman / shutterstock.com/Jo Ann Snover

The UK Privy Council has found that Cayman Islands law does not allow liquidators to rectify a company’s member register against the legal rights of its investors, who it said should receive distributions in accordance with the shares that they hold.