Out with the Hould: landmark decision paves the way for shareholder misrepresentation claims against companies in liquidation
07 Jul 2023In a significant decision for the Cayman playuzu casino bonus in In The Matter of HQP Corporation Ltd (in Official Liquidation) (FSD 190 of 2021 (DDJ)), the Grand Court has clarified that there is no bar to shareholders bringing claims for misrepresentation against a company in liquidation and, further, that such claims (if admitted) will rank as unsecured debts of the company.