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.
Topics
Asset Recovery Bermuda Cayman Islands Fraud InvestmentKeywords
Conway MacKenzie Management Services, LLC Donald S. MacKenzie Ernst & Young FIA Leveraged Fund Fletcher Fixed Income Alpha Fund Ltd.