In the matter of Freerider Ltd [2010] CIFsd 18 (09 May 2010)
The court found that Freerider Ltd was insolvent and unable to pay its debts, justifying a winding-up order.
- Citation
- [2010] CIFsd 18
- Parties
- Applicant: Freerider Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 09 May 2010
- Procedural Posture
- Company Winding Up Petition / Judgment
- Outcome
- winding-up order granted
- Legal Topics
- Winding Up, Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
Freerider Ltd
Applicant
Procedural Posture
Company Winding Up Petition / Judgment
Legal Issues
- 1 Whether Freerider Ltd should be wound up under the Companies Law
Ratio Decidendi
The court found that Freerider Ltd was insolvent and unable to pay its debts, justifying a winding-up order.
Court Disposition
winding-up order granted
Orders
- Freerider Ltd is to be wound up under the Companies Law
Full Case Text
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