Herald Fund SPC Announces Global Settlement with Madoff Trustee

The Principal Liquidators of Herald Fund SPC (In Official Liquidation) have announced a global settlement with Irving H. Picard, Trustee for the Estate of Bernard L. Madoff Investment Securities LLC, considered to be very beneficial to Herald's stakeholders. A Walkers team, led by partner Matthew Goucke, acted as Cayman Islands legal counsel to the Principal Liquidators, alongside US counsel Kirkland & Ellis LLP.​

Please click on the link below for details of the deal. ​

CAYMAN ISLANDS
Chris KeefeSenior CounselT +1 345 814 4574 chris.keefe@walkersglobal.com
Fiona MacAdamSenior CounselT +1 345 914 4273fiona.macadam@walkersglobal.com