Articles Bermuda Cayman Islands Investment USAMay 7, 2008

    Bank of Bermuda sued by Cayman hedge fund

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    16 years ago

    Topics

    Bermuda Cayman Islands Investment USA

    Keywords

    Asset Alliance Advisors, Inc. HSBC Bank Bermuda Knoll Capital Fund II Knoll Capital Management LP KOM Capital Management LLC
    Premier Hedge, Inc.
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    One Cayman Islands-domiciled hedge fund is suing another, as well as the Cayman and Bermuda operations of the Bank of Bermuda, claiming it was short-changed by more than $400,000 when it redeemed its shares.
    Premier Hedge Inc., which is managed by Asset Alliance Advisors Inc. in New York, NY, is seeking actual damages of $407,845, plus interest, and punitive damages in a complaint that was filed at the Supreme Court of the State of New York, New York County on April 9, 2008.