Legal
No automatic redemptions in a masterfeeder structure
In Ardon Maroon Asia Fund, the Cayman Islands Court of Appeal found that a notice to redeem served on a feeder fund did not automatically trigger an equivalent redemption in the master fund. This decision provides clarity as to the court's construction of a fund's redemption regime. In July 2018,…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Mourant