Walkers insolvency ace wins in Caymans Parmalat action
Parmalat’s special administrator Enrico Bondi has been barred from administering the collapsed dairy company’s Cayman Islands companies following a tense court battle. In a significant victory for local firm Walkers, a Cayman Islands court upheld insolvency supremo Michael Crystal QC’s argument that Bondi should not act as both an official appointed by the Italian regulator […]