Core Foundation v Maple International Operations SPC - Judgment [2025] CIGC (FSD) 105 (30 October 2025)

Core Foundation v Maple International Operations SPC - Judgment [2025] CIGC (FSD) 105 (30 October 2025)

The court found that Maple International Operations SPC breached its contractual obligations, entitling Core Foundation to asset recovery.

Citation
[2025] CIGC (FSD) 105
Parties
Applicant: Core Foundation; Respondent: Maple International Operations SPC
Jurisdiction
Cayman Islands
Judgment Date
30 October 2025
Procedural Posture
Commercial / Final Judgment
Outcome
judgment for applicant
Legal Topics
Contract Enforcement, Asset Recovery

Case Brief

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Parties

Core Foundation

Applicant

Maple International Operations SPC

Respondent

Procedural Posture

Commercial / Final Judgment

  1. 1 Whether Maple International Operations SPC breached contractual obligations to Core Foundation
  2. 2 Whether Core Foundation is entitled to asset recovery

Ratio Decidendi

The court found that Maple International Operations SPC breached its contractual obligations, entitling Core Foundation to asset recovery.

Court Disposition

judgment for applicant

Orders

  • Maple International Operations SPC must return assets to Core Foundation
  • Costs awarded to Core Foundation