New York district court refuses to recognize hedge funds’ winding up proceedings in the Cayman Islands

Date

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Location
Cayman Islands
USA
Firm
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Tags
Cayman Islands
USA
Capital Markets
Insolvency & Restructuring
Litigation
Private Client & Offshore Services
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Debtor
Asset management
Hedge funds
Legal burden of proof
Liquidation
Broker-dealer
Comity
Title 11 of the US Code
Bear Stearns
United States bankruptcy court