• Home
  • Articles
  • Cayman judge upgrades powers of Axiom Fund’s Receivers, asks England’s High Court for assistance

Cayman judge upgrades powers of Axiom Fund’s Receivers, asks England’s High Court for assistance

The Grand Court of the Cayman Islands has granted the Receivers of Axiom Legal Financing Fund the same powers as liquidators and, separately, asked the High Court of Justice in England and Wales – where much of the Fund’s activity occurred – to recognize the receivership.