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Recent guidance on Section 147 fraudulent trading claims in Conway v Air Arabia
Recent guidance on Section 147 fraudulent trading claims in Conway v Air Arabia Harneys partner James Eggleton and counsel Anya Allen in the Cayman Islands examine two recent authorities on fraudulent trading claims in complex cases, from the Grand Court of Cayman Islands in the first instalment of a two-part series and from the UK Supreme Court in the second instalment. There is, perhaps surprisingly given the breadth of its potential application, very little authority in the Cayman Islands concerning fraudulent trading claims under Section 147 of the Cayman Islands Companies Act. This…
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