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Topic: Platinum Partners Value Arbitrage Fund

Cayman’s courts have ramped up their emergency contingency plan to counter COVID-19 issues.

Liquidators sue Platinum auditors BDO

The liquidators of a Cayman-based offshore feeder fund and a related intermediary pass-through fund that invested into the now-defunct Platinum Partners Value Arbitrage Fund LP (PPVA) are suing the fund’s auditors BDO in Cayman.

Liquidators sue Platinum fund founder

Liquidators of two feeder funds of Platinum Partners Value Arbitrage Fund are suing the group’s founder Mark Nordlicht and others in the Cayman Islands for overstating the value of the fund’s assets.

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