Andre Visser v FFC Fund Ltd [2018] CIFsd 11 (12 February 2018)

Andre Visser v FFC Fund Ltd [2018] CIFsd 11 (12 February 2018)

The court determined that the applicant failed to establish sufficient grounds for winding up the fund under the Companies Law, as the evidence did not support allegations of mismanagement or breach of shareholder rights.

Source-derived case information.

Citation
[2018] CIFsd 11
Parties
Applicant: Andre Visser; Respondent: FFC Fund Ltd
Jurisdiction
Cayman Islands
Judgment Date
12 February 2018
Procedural Posture
Civil / Judgment
Outcome
application dismissed
Legal Topics
Winding Up, Shareholder Rights
Company Law Financial Services Winding Up Shareholder Rights

Source-derived case record

Summary, issues, holding and outcome

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Parties

Andre Visser

Applicant

FFC Fund Ltd

Respondent

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 Whether the applicant is entitled to relief as a shareholder under the Companies Law
  2. 2 Whether the fund should be wound up

Ratio Decidendi

The court determined that the applicant failed to establish sufficient grounds for winding up the fund under the Companies Law, as the evidence did not support allegations of mismanagement or breach of shareholder rights.

Court Disposition

application dismissed

Orders

  • The application for winding up is dismissed.
  • No order as to costs.