Torchlight: Cayman winding-up settled, judgment issued anyway on public interest grounds
Despite the parties reaching a confidential settlement out of court, a Cayman judge that sat through a mammoth 41-day trial of a winding-up petition has handed down his judgment on the grounds there was a “strong public interest” to do so - dismissing the case as “improper”.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10