• Home
    • Articles
    • Cayman fund administrator and officers sued again over collapse of Bear Stearns funds

    Cayman fund administrator and officers sued again over collapse of Bear Stearns funds

    Cayman Islands-based Walkers Fund Services Ltd. and two of its officers are being sued for a second time regarding their involvement with hedge funds sponsored by New York-based investment bank Bear Stearns that collapsed last year with a total loss estimated at over $1 billion after investing in mortgage-backed securities.