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Recovering unlawful redemption payments (DD Growth Premium 2X Fund (in official liquidation) v RMF Market Neutral Strategies (Master) Ltd (Cayman Islands))

Recovering unlawful redemption payments (DD Growth Premium 2X Fund (in official liquidation) v RMF Market Neutral Strategies (Master) Ltd (Cayman Islands))
Published on: 07 December 2017
Published by: LexisPSL
  • Recovering unlawful redemption payments (DD Growth Premium 2X Fund (in official liquidation) v RMF Market Neutral Strategies (Master) Ltd (Cayman Islands))
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  • What is the significance of this case? Why is it important for practitioners?
  • How helpful is this judgment in clarifying the law in this area? Are there any remaining grey areas?
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  • How does this case fit in with other developments in this area of the law? Do you have any predictions for future developments in this area?

Article summary

Corporate analysis: The appeal from the Court of Appeal of DD Growth Premium 2X Fund (in official liquidation) v RMF Market Neutral Strategies (Master) Ltd (Cayman Islands) raised issues about the Cayman Islands’ company law, as it was between 1989 and 2011, in relation to payments by RMF Market Neutral Strategies of the premium due on the redemption of its shares. Ben Hobden, partner at Conyers Dill & Pearman, examines the case. or take a trial to read the full analysis.

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