Assistance to creditors of insolvent fraudsters – modern illegality defence to the rescue

Introduction
Background
Facts
First-instance court
CICA
Comment


Introduction

Filed under:
Cayman Islands, Insolvency & Restructuring, Ogier
Authors:
Jennifer Fox , Rebecca Findlay
Location:
Cayman Islands
Firm:
Ogier
Assistance to the creditors of insolvent fraudsters? The modern illegality defence to the rescue

The illegality defence (which aims to prevent a party benefiting from its illegal conduct via legal claims) has been the subject of considerable judicial analysis in commonwealth jurisdictions in recent years.

Filed under:
Cayman Islands, Global, Insolvency & Restructuring, Litigation, Ogier, House of Lords, UK Supreme Court
Authors:
Jennifer Fox , Rebecca Findlay
Location:
Cayman Islands, Global
Firm:
Ogier
Assistance to the creditors of insolvent fraudsters? The modern illegality defence to the rescue

The illegality defence (which aims to prevent a party benefiting from its illegal conduct via legal claims) has been the subject of considerable judicial analysis in commonwealth jurisdictions in recent years.

Filed under:
Cayman Islands, Global, Insolvency & Restructuring, Litigation, Ogier, House of Lords, UK Supreme Court
Authors:
Jennifer Fox , Rebecca Findlay
Location:
Cayman Islands, Global
Firm:
Ogier