ARC Capitals LLC & Haida Investment Ltd v Asis Pacific Ltd [2013] CIFsd 6 (15 February 2013)
The court found that Asis Pacific Ltd failed to fulfill its contractual obligations, resulting in liability for damages.
- Citation
- [2013] CIFsd 6
- Parties
- Applicant: ARC Capitals LLC; Applicant: Haida Investment Ltd; Respondent: Asis Pacific Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 15 February 2013
- Procedural Posture
- Commercial Dispute / Judgment
- Outcome
- judgment for applicants
- Legal Topics
- Financial Services, Investment Dispute
Case Brief
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
Legal Issues
- 1 whether Asis Pacific Ltd breached contractual obligations to ARC Capitals LLC and Haida Investment Ltd
Ratio Decidendi
The court found that Asis Pacific Ltd failed to fulfill its contractual obligations, resulting in liability for damages.
Court Disposition
judgment for applicants
Orders
- Asis Pacific Ltd to pay damages to ARC Capitals LLC and Haida Investment Ltd
Full Case Text
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