IN THE GRANT COURT OF THE CAYMAN ISLAND!CAUSE NO: FSD 0013 OF 2012 (ASCJ)
IN THE MATTER OF THE COMPANIES LAW (2011 REVISION)ANDIN THE MATTER OF THE COMPANIES LAW (2011 REVISION)IN THE MATTER OF FIA LEVERAGED FUND ("THE COMPANY")IN OPEN COURT
THE 4@ AND 5@ APRIL 2012; 18@ APRIL 2012
BEFORE THE HON. CHIEF JUSTICEAPPEARANCES: Mr. Ross McDonough of CampbeUs for the Petitioners, withhim Mr. Guy CowanMr. Stephen Atherton QC instructed by Mr. Barnaby Gowrieof Walkers for the CompanyMrs. Gail Goring for the Cayman Islands Monetary Authority
1. This is the judgment on a petition to wind up the Company. The petition isbrought by Fire Fighters Retirement Systems ("FRS"), Municipal EmployeesRetirement Systems of Louisiana ("MERS"), and New Orleans Fire Fighters'Pension and Relief Fund ("NOFF") (collectively "the Petitioners). ThePetitioners' proceed on the basis of a combined debt of USD 144,500,000 claimedto be owed to them by the Company.