In the matter of Changyou.com Ltd [2021] CIFsd 5 (28 January 2021)
The court sanctioned the scheme of arrangement as it was satisfied that all statutory requirements were met and the scheme was fair and reasonable.
- Citation
- [2021] CIFsd 5
- Parties
- Respondent: Changyou.com Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 28 January 2021
- Procedural Posture
- Company Law Petition / Judgment
- Outcome
- scheme sanctioned
- Legal Topics
- Scheme of Arrangement, Shareholder Rights
Case Brief
Summary, issues, holding and outcome
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Parties
Changyou.com Ltd
Respondent
Procedural Posture
Company Law Petition / Judgment
Legal Issues
- 1 Whether the scheme of arrangement should be sanctioned by the court
Ratio Decidendi
The court sanctioned the scheme of arrangement as it was satisfied that all statutory requirements were met and the scheme was fair and reasonable.
Court Disposition
scheme sanctioned
Orders
- The scheme of arrangement is sanctioned.
Full Case Text
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