February 06, 2024
The Eleventh Circuit said Tuesday that foreign liquidators can't fight a distribution plan in the wind-down of an embattled Florida investment firm's Caymans-based feeder fund, saying they let their chance to do so go by.
February 02, 2024
Liquidators appointed by a Cayman Islands court to wind down a Cayman-based feeder fund of a Florida investment firm accused by the U.S. Securities and Exchange Commission of defrauding hundreds of investors urged the Eleventh Circuit on Friday to toss a distribution plan they say contravenes Cayman Islands law.