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    • Privy Council protects liquidators of Cayman firms from misguided debtors

    Privy Council protects liquidators of Cayman firms from misguided debtors

    The Privy Council in London has issued a ruling that limits the rights of debtors of Cayman-registered entities to seek the removal of liquidators they do not approve of.
    The decision represents a victory for Christopher Johnson and John Dinan, of PricewaterhouseCoopers, and a defeat for rival accounting firm Deloitte & Touche.