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May 6

McGrath Tonner appointed as Cayman Islands counsel in $1.5bn fund dispute

McGrath Tonner has been appointed to act as Cayman Islands counsel in the long running and bitterly contested ownership battle over the XiO Group. The dispute revolves around the true ownership of a group of companies which manage over $1.5 billion in assets. Litigation is continues simultaneously across numerous jurisdictions including Hong Kong, Netherlands, London and the Cayman Islands.