When Shareholders Can Bring Direct Claims In Cayman Court

By David Lee, Anya Martin and Anna Snead ( August 27, 2019, 1:42 PM EDT) -- This article considers two recent Cayman court decisions, David Xiaoying Gao v. China Biologic and Primeo Fund v. HSBC, which highlight the very limited situations in which a shareholder may bring a direct claim against a director or a third party and therefore the importance of ensuring that claims are commenced by the proper plaintiff. . . .

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