Funds

April 7, 1995

Re Stewardship Credit Arbitrage Fund Ltd; BNY AIS Nominees Ltd and others v Stewardship Credit Arbitrage Fund Ltd. [2008] Bda LR 67 – redemption of shares – action for disputed debt leading to insolvency of fund company – petition to wind up company – fraud
Kingate Global Fund Ltd v. Bank of Bermuda et al [2009] Bda LR 44 – failed subscribers in Madoff Feeder Fund – Mareva injunction – special purpose trust – tracing
Kingate Global Fund Ltd. v. Knightsbridge (USD) Fund Limited [2009] Bda LR 48 – stay of execution pending appeal – no special circumstances
Kingate Global Fund Ltd. v. Knightsbridge (USD) Fund Limited [2009] Bda LR 59 – appeal – whether moneys transferred for failed purpose are held on trust for subscribers – liquidation
BNY AIS Nominees Ltd and others v New Stream Capital Fund Ltd [2010] Bda LR 34 – mutual fund companies – segregated accounts company – appointment of receiver – segregated assets under plan – impact of insolvency on directors’ ordinary management powers
In the matter of the liquidation of Founding Partners Global Fund [2011] S.C. (Bda) 190 Civ (8 April 2011) – cross-border insolvency – turnover of assets in Bermuda – Caymanian liquidation – whether Cayman liquidator or U.S. receiver should be recognised

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