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Judgment

Joint Official Liquidators of the SPhinX Group of Companies v Liquidation Committee of the SPhinX Group of Companies and DPM Mellon LLC and DPM Mellon Ltd - Judgment

FSD 0016/2009 (AMJ) · 2013-07-09

Determination of the adequacy of the Indemnity Reserve to satisfy contingent liabilities; Whether the Second Scheme provides adequate protection for Indemnity Claimants; Impact of limitation periods on claims against Indemnity Claimants; Enforceability of consensual and compulsory releases in jurisdictions outside the Cayman Islands; Whether appeals and settlements affect the adequacy of the Indemnity Reserve; Retrospective sanction of actions taken by the Joint Official Liquidators

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