In the matter of Freerider Ltd [2009] CIFsd 26 (11 November 2009)
The court found that Freerider Ltd was insolvent and unable to pay its debts, warranting a winding up order.
- Citation
- [2009] CIFsd 26
- Parties
- Applicant: Freerider Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 11 November 2009
- Procedural Posture
- Company Law Application / 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 Law Application / 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, warranting 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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