The 2008 financial crisis led to a surge in the number of funds facing liquidity issues. This was, in part, down to global macro events, but more prominently as a result of unrealistic expectations of liquidity as against investment return. This article, published by IFLR, is a discussion and analysis of the options open to investors by Cayman law when issues of liquidity arise. Firstly, looking at the wind down process associated with normal liquidity situations, Partner Matthew Taber assesses the process associated with suspension of redemptions, followed by an analysis of an official court room liquidation. Download the PDF to read more.
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