Hedge Fund Boards of Directors Play Vital Role – Forbes

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Hedge Fund Boards of Directors Play Vital RoleForbesFor example, in a recent Cayman Islands Grand Court decision in the Weavering fund fraud case**, two “independent” directors were ordered to pay $111 million for willful neglect and failing to car…

Hedge Fund Boards of Directors Play Vital Role
Forbes
For example, in a recent Cayman Islands Grand Court decision in the Weavering fund fraud case**, two “independent” directors were ordered to pay $111 million for willful neglect and failing to carry out their duties. Even those these two directors may
Mourant Ozannes | Cayman Islands – Funds – Cayman Hedge Fund Judgment Brings Linex Legal (press release) (registration)

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