Another fund fiasco…

Just 8 months on from our previous post on this case, on 23 March 2018 the Bermuda Court of Appeal in the matter of Sturgeon Central Asia Balanced Fund Ltd. (the Fund) has overturned the judgment at first instance refusing a winding up. The decision really turned on the question of the true construction of…

via Bermuda Court defends economic holders in Fund — The Offshore Litigation Blog

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