The Privy Council decision: Shell v Krys

On 26 November 2014 the Judicial Committee of the Privy Council (the "Privy Council") handed down its judgment in the appeal brought by Stichting Shell Pensioenfonds ("Shell") against the joint liquidators of Fairfield Sentry Ltd ("Fairfield Sentry") (the "Liquidators"), the largest feeder fund to Bernard L. Madoff Investment Securities LLC ("BLMIS").1 

Filed under:
British Virgin Islands, Insolvency & Restructuring, Litigation, Maples Group, Injunction, Anti-suit injunction
Authors:
Arabella di Iorio
Location:
British Virgin Islands
Firm:
Maples Group