New York, rather than Bermuda, is a more convenient jurisdiction to liquidate Bermuda-domiciled master hedge fund Fletcher International, Ltd. - but only if its "pre-petition operating team" is removed. That is the stance of the offshore liquidators of one of three Cayman Islands-domiciled feeder funds that are involved in litigation with the Fletcher Fund Group in Cayman, Bermuda and New York.
Articles Asset Recovery Bermuda Cayman Islands Featured Fraud Investment Liquidations & Insolvencies Litigation USAJuly 24, 2012
Cayman feeder fund consents to New York court overseeing insolvency of Bermuda hedge fund Fletcher International
10 years ago