A bankruptcy judge in New York has extended an injunction preventing Cayman feeder funds from pursuing a petition to wind up Fletcher International in Bermuda. Judge Robert E. Gerber stated that he wanted to give the hedge fund “a reasonable time” to attempt to re-organize, while acknowledging it might be beyond saving.
Articles Asset Recovery Bermuda Cayman Islands Featured Fraud Investment Liquidations & Insolvencies USAAugust 3, 2012
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Alphone "Buddy" Fletcher, Jr. Donald S. MacKenzie Ernst & Young FIA Leveraged Fund Fletcher Asset Management