Out of time: 11th Circuit dismisses Cayman liquidators’ comity appeal

Out of time: 11th Circuit dismisses Cayman liquidators’ comity appeal

In a first-of-its-kind ruling, the Eleventh Circuit Court of Appeals has dismissed an appeal by the Cayman liquidators of a bankrupt feeder fund over the correct law to apply to its distribution scheme after finding their application was filed out of time.

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