Guernsey Judgment 9/2006 - (i) Terry and (ii) Durette Bradshaw PLC v Butterfield Bank (Guernsey) Ltd - (re Vavasseur Corp in receivership)

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Bahamian Company - proceedings brought in a United States District Court by the Securities and Exchange Commission - receivers appointed by that court - application for recognition by the Royal Court - review of principles relevant to recognition of a receiver appointed by foreign court - application granted.