In the matter of Brighton SPC (In Controllership) [2016] CIFsd 12 (21 May 2016)
The Court finds that Brighton SPC satisfies the statutory requirements for controllership and orders its continuation under the supervision of the appointed controller.
- Citation
- [2016] CIFsd 12
- Parties
- Subject Entity: Brighton SPC
- Jurisdiction
- Cayman Islands
- Judgment Date
- 21 May 2016
- Procedural Posture
- Controllership Application / Final Judgment
- Outcome
- Controllership continued
- Legal Topics
- Controllership, Winding Up, Corporate Governance
Case Brief
Summary, issues, holding and outcome
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Parties
Brighton SPC
Subject Entity
Procedural Posture
Controllership Application / Final Judgment
Legal Issues
- 1 Whether Brighton SPC should remain in controllership
- 2 Whether the requirements for controllership under Cayman Islands law are satisfied
Ratio Decidendi
The Court finds that Brighton SPC satisfies the statutory requirements for controllership and orders its continuation under the supervision of the appointed controller.
Court Disposition
Controllership continued
Orders
- Brighton SPC to remain in controllership under supervision of appointed controller
Full Case Text
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