Topic: Alberto Micalizzi
Liquidators attempting to ‘claw back’ Ponzi scheme payments
Repercussions of the 2008 financial crisis are still being dealt with by the Cayman Islands judicial system, with the London-based Judicial Committee of the Privy Council hearing a case last week involving liquidators attempting to “claw back” payments made by a feeder fund to investors in early 2009, when the fund was already insolvent.
