In the Matter of Basis Yield Alpha Fund (Master)
Order transferring a case styled 'In the Matter of Basis Yield Alpha Fund (Master)' to the Financial Services Division of the Grand Court of the Cayman Islands.
Cayman fund liquidators abandon attempt to have liquidation recognized in US
The provisional liquidators of a Cayman Islands hedge fund have abandoned their attempt to have the Cayman liquidation proceedings recognized in the United States after a U. S. Bankruptcy Judge ruled that Cayman was not the Fund's Center of Main Interests. Hugh Dickson, Stephen John Akers, and Paul Andrew Billingham, as JPLs of Basis Yield Alpha Fund (Master), filed a motion to dismiss their petition on April 3, 2008 at the U. S. Bankruptcy Court for the Southern District of New York and the petition was dismissed by the court on April 30.
Basis Yield Alpha Fund: Chapter 15 Petition
Chapter 15 Petition for Recognition of a Foreign Main Proceeding in the Cayman Islands by Hugh Dickson, Stephen Akers, and Paul Billingham, as the Foreign Representatives of Basis Yield Alpha Fund (Master), at the U. S. Bankruptcy Court for the Southern District of New York.