Isle of Man appeals court to hear third party breach of duty claims in Axiom receivership

Isle of Man appeals court to hear third party breach of duty claims in Axiom receivership

The corporate director and administrator of a Manx company are appealing a court's refusal to strike out claims brought by the receivers of two collapsed Cayman funds, who argue that statements affirming the defendants' propriety made them liable for the Manx company's breach of duty to the funds.

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