Cayman Islands Litigation Funding: An Undertaking From a Third-Party Funder May Be Adequate Security

The Singapore Court recently delivered its judgment in Hyflux Ltd (in compulsory liquidation) v Lum Ooi Lin [2023] SGHC 113 (“Hyflux”). Despite the litigation funding landscape being slightly different in Singapore, the reasoning in Hyflux is likely to be persuasive in the Cayman Islands, as well as other common law jurisdictions.

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