NY Justices Won't Hold NY Derivative Claims To Cayman Rule
By Jon Hill ( November 20, 2017, 10:56 PM EST) -- New York's highest court said Monday that a minority investor in Scottish Re Group Ltd. did not have to get permission from a Cayman Islands court to pursue derivative claims on behalf of the Cayman-incorporated reinsurer, reversing a state appeals court ruling that stood to limit New York courts' ability to hear derivative suits involving Cayman companies....
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