Beach in Grand Cayman, Cayman Islands; Courtesy Photo Ogier, Baker McKenzie Secure Win as U.K. Dismisses Cayman PE Fund's Appeal in $100M Kuwaiti Fraud Case
Kuwaiti investors plan to carry on their legal battle in the Cayman Islands Grand Court over allegations of fraud and corruption involving fund managers at Wellspring Capital Group and KGL Investment Company Asia.
October 30, 2024 at 05:51 AM
2 minute read
Ogier (Cayman) and Baker & McKenzie London have secured a win for Kuwait and Gulf investors in a long-running clash between Big Law and offshore law firms in a $100 million Kuwait-Cayman dispute involving two fund managers—but the case isn't over yet.
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