Offshore Fund Disputes Lawyers

When it comes to navigating the intricate landscape of investment fund disputes, our dedicated fund disputes lawyers are renowned for their expertise and experience, having acted in a number of high-profile global cases in recent years. Appleby provides offshore fund disputes legal services in Cayman Islands, Bermuda, British Virgin Islands, Isle of Man, Guernsey, Jersey and Mauritius. We can also call on our experienced Funds & Investment Services team to provide further technical advice.

Offshore fund disputes

Arising from factors such as trading losses, illiquidity, misevaluation and mismanagement, fund-related disputes are a common feature of the international commercial landscape. Complex by nature, funds experiencing distress require a team of dedicated fund dispute lawyers who are well rehearsed in this specialist area to resolve them.

An offshore fund dispute can often include multiple parties, intricate contractual agreements, intricate financial structures, and regulatory considerations. Navigating through such complexities requires specialised offshore fund disputes knowledge and experience in both investment funds law and dispute resolution.

Fund dispute lawyers

Appleby’s Fund Disputes team is an industry leader, being one of the few offshore firms to field a specialist team dealing with fund disputes, and having been involved in a number of high-profile offshore fund disputes proceedings. Our team of highly skilled and talented fund disputes lawyers have experience that covers all types of funds, including corporate funds, limited partnerships, unit trusts, regulated mutual funds, closed-ended funds and private equity funds.

We act for a wide range of parties involved in fund-related matters, including office-holders, directors, auditors, investment managers, shareholders and creditors.

We regularly provide advice and assistance regarding matters such as:

  • Redemption issues
  • Shareholders’ rights
  • Directors’ liabilities
  • Enforceability of side letters
  • Disputes between service providers
  • Valuation issues
  • Fraud and mismanagement of fund assets
  • Restructuring distressed funds
  • Winding up and dissolution of insolvent funds

Client experience

Representative Work

Advising and representing liquidators

Advising and representing the liquidators in relation to their actions to recover losses for investors who lost US$1.5 billion in the collapse of Bear Stearns subprime-invested hedge fund, the largest and highest-profile hedge fund collapse arising out of the subprime mortgage crisis

Acting for Phoenix Meridian Equity Ltd.

Acting for Phoenix Meridian Equity Ltd. in the first Cayman Islands case on misvaluation to go to trial, raising unprecedented issues about construction of fund investment documentation, and the obligation of funds to disclose underlying hedging transaction costs to investors

Advising Gottex Fund Management Sarl

Advising Gottex Fund Management Sarl on its attempt to redeem a US$40 million investment in CPIM Structured Credit Fund and its challenge through the Cayman Islands Court of the fund’s retrospective imposition of a ‘gate’ on its redemption notice to block the payment of redemption proceeds.

Spotlight

Cayman fund disputes

Our Cayman Islands office provides specialist Cayman fund disputes legal advice. With decades of experience between them, our fund disputes lawyers in Cayman are experts in navigating the complex nature of funds experiencing distress. Indeed, their Cayman fund dispute expertise was highlighted in the latest edition of The Legal 500 Caribbean legal directory, with researchers noting that “Appleby’s ‘excellent strength across the whole team’ ensures that it is sought out by a stellar line-up of international corporate clients for representation in high-stakes fund disputes, winding-up proceedings, and contractual enforcement matters”.

Our Experts
  • All
  • Mauritius (2)
  • Isle of Man (3)
  • Hong Kong (6)
  • Cayman Islands (3)
  • Jersey (1)
  • Bermuda (1)
  • Guernsey (3)
  • Shanghai (1)
More news
Dispute Resolution
17 Feb 2026

Bermuda: A Dispute Resolution Overview

Bermuda continues to be an established offshore disputes jurisdiction, supported by a specialist commercial court and the increasing use of arbitration to resolve complex commercial and private wealth disputes.

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16 Feb 2026

Injunctive Relief in Another Form? Cayman Court's Jurisdiction to Appoint JPLs Despite Ongoing Arbitration

In Peakwave Investment Management Ltd v Energy Evolution GP Ltd [link],[1] the Grand Court confirmed that it has jurisdiction to appoint provisional liquidators notwithstanding the fact that the company’s shareholders are engaged in an arbitration over its affairs, as mandated by a binding arbitration agreement. This article considers the decision and its implications.

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11 Feb 2026

When the Court intervenes… and when it does not: Grand Court Reaffirms Limited Curial Intervention in Support of Foreign Arbitrations

The Financial Services Division of the Grand Court’s judgment in In the matter of A v B & C (FSD 270 of 2025) provides a timely reminder of the proper boundaries between national courts and international arbitration tribunals in respect of the grant of interim relief. The decision underscores the Cayman Islands' commitment to the principle of limited curial intervention and confirms that the Court’s powers under section 54 of the Arbitration Act 2012 are ancillary to the arbitral process and are only to be exercised when the tribunal cannot provide effective relief itself. The judgment helpfully sets out clear parameters for those seeking ancillary relief and highlights that the Cayman courts will support arbitration proceedings without supplanting them.

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5 Feb 2026

Recusal For Apparent Bias Is Not A New Frontier

In Re New Frontier Health Corporation,[1] Justice Doyle decided to recuse himself, such that he would not hear the trial listed to commence weeks later, on the basis that he made findings in his recent Re 51job Inc judgment, as to the reliability and credibility of the same two experts who would give evidence at the New Frontier trial. The New Frontier judgment represents a further endorsement by the Cayman courts of the fundamental maxim that justice must not only be done, but must be seen to be done.

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3 Feb 2026

Appointment of inspectors in the Cayman Islands

The appointment of inspectors under section 64 of the Companies Act (2025 Revision) is an extraordinary remedy available to shareholders of Cayman companies. It allows either the Court or the company itself (by special resolution) to appoint inspectors to investigate the company’s affairs, compel disclosure of records, and examine officers under oath. Although rarely used in practice, this mechanism remains a powerful safeguard for shareholders who suspect misconduct or mismanagement.