In the matter of Brighton SPC (In Controllership) [2016] CIFsd 12 (21 May 2016)

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

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Parties

Brighton SPC

Subject Entity

Procedural Posture

Controllership Application / Final Judgment

  1. 1 Whether Brighton SPC should remain in controllership
  2. 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