UK court grants disclosure to Primeo liquidators ahead of Cayman suit

A UK court has ordered KPMG to hand over confidential documents to the liquidators of Primeo, a hedge fund brought down by the Bernie Madoff Ponzi scheme, finding that an advantage conveyed to liquidators in section 236 of the UK Insolvency Act was not inherently unfair, nor the relief requested too oppressive.


Get unlimited access to all Global Restructuring Review content