Category Archives: Articles

CDR – Primeo Fund v HSBC: On reflection

12 Sep 2019

The Cayman Islands Court of Appeal recently dismissed the USD2 billion appeal by Primeo, a Madoff feeder fund. Campbells represented the successful HSBC respondents. Andrew Pullinger and Shaun Tracey discuss the wider significance of the appellate judgment, particularly concerning the rule against the recovery of reflective loss.