| 05.07.2012 Hedge fund Fletcher International, files for bankruptcy, sues to stop liquidation |
| Bailey McCann, Opalesque New York: US-based hedge fund Fletcher International Ltd. managed by Alphonse "Buddy" Fletcher, has filed for bankruptcy in district court in Manhattan, the Wall Street Journal reports. The filing which went forward on July 2, is for reorganization of the firm under Chapter 11. Fletcher also announced today that he is suing to stop officials in the Cayman Islands from liq |