Foreign Liquidators Say SEC Plan Is Counter To Cayman Law
By Carolina Bolado ( February 2, 2024, 6:18 PM EST) -- 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....
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