The Rise of Offshore Courts: The Judicial Perspective
Commercial Judges in key Offshore Financial Centers discuss laws and rulings affecting international business disputes that come before their courts, including the much-publicized $111 m award against two non-executive directors of Weavering Macro Fixed Income Fund Limited (In Liquidation) in the Cayman Islands and a ruling in the British Virgin Islands not to allow the liquidators of Fairfield Sentry, the largest hedge fund invested in Bernard L Madoff Investment Securities, LLC, to claw back investor redemptions.