ARC Capitals LLC & Haida Investment Ltd v Asis Pacific Ltd [2013] CIFsd 2 (31 January 2013)

ARC Capitals LLC & Haida Investment Ltd v Asis Pacific Ltd [2013] CIFsd 2 (31 January 2013)

The court found that the respondent breached contractual obligations and the applicants are entitled to relief.

Source-derived case information.

Citation
[2013] CIFsd 2
Parties
Applicant: ARC Capitals LLC; Applicant: Haida Investment Ltd; Respondent: Asis Pacific Ltd
Jurisdiction
Cayman Islands
Judgment Date
31 January 2013
Procedural Posture
Commercial Dispute / Judgment
Outcome
judgment for applicants
Legal Topics
Financial Services, Investment Dispute
Commercial Law Financial Services Investment Dispute

Source-derived case record

Summary, issues, holding and outcome

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Parties

ARC Capitals LLC

Applicant

Haida Investment Ltd

Applicant

Asis Pacific Ltd

Respondent

Procedural Posture

Commercial Dispute / Judgment

  1. 1 whether the respondent breached contractual obligations
  2. 2 whether applicants are entitled to relief

Ratio Decidendi

The court found that the respondent breached contractual obligations and the applicants are entitled to relief.

Court Disposition

judgment for applicants

Orders

  • respondent to pay damages to applicants