Offshore hedge fund Maxam Absolute Return Fund, Ltd. has stated is "likely to appeal" a court order in the U. S. that it must discontinue a complaint it filed at the Grand Court of the Cayman Islands against Irving Picard, as Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC.
Articles Asset Recovery Cayman Islands Featured Fraud Investment Liquidations & Insolvencies USAOctober 15, 2011
Offshore hedge fund likely to appeal US ruling that it must dismiss Cayman action regarding Madoff fraud
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