FFP liquidators survive challenge as Cayman court upholds three-step rule
Adam Keenan and Michael Pearson at FFP (Credit: FFP)
A pair of FFP partners who had a “prior and very limited” connection to a bank may act as its official liquidators, a Cayman court has found, in a detailed judgment upholding a three-stage approach for dealing with objections on perceived lack of independence grounds.
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