Cayman Court considers the Berkeley Applegate principle and clarifies grounds for refusing a liquidator's costs

A recent decision of the Cayman Islands Grand Court is an important reminder that a liquidator's costs claimed from trust assets must be proportionate and reasonable, and will be refused on certain grounds.

Background

Filed under:
Cayman Islands, Insolvency & Restructuring, Litigation, Mourant
Authors:
Christopher Harlowe , Hector Robinson KC , Laurence Aiolfi
Location:
Cayman Islands
Firm:
Mourant