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    • U.S. litigation funder applies to wind up Ron Wahid’s Cayman firm Magellan Asset Finance over ‘$8.5M debt’

    U.S. litigation funder applies to wind up Ron Wahid’s Cayman firm Magellan Asset Finance over ‘$8.5M debt’

    Magellan Asset Finance
    U.S. funder Therium Litigation Finance has applied to wind up Ron Wahid's Cayman Islands firm Magellan Asset Finance for alleged failure to repay $8 million it borrowed to fund a lawsuit in Jersey by British designer Tatiana Golovina against Moscow-based Rusal, an aluminum producer founded by Russian oligarch Oleg Deripaska.