In the matter of Little Sheep Group Ltd [2012] CIFsd 3 (20 January 2012)

In the matter of Little Sheep Group Ltd [2012] CIFsd 3 (20 January 2012)

The court sanctioned the scheme of arrangement as it was satisfied that all statutory requirements were met and the scheme was fair and reasonable.

Citation
[2012] CIFsd 3
Parties
Applicant: Little Sheep Group Ltd
Jurisdiction
Cayman Islands
Judgment Date
20 January 2012
Procedural Posture
Company Law / Judgment
Outcome
scheme sanctioned
Legal Topics
Scheme of Arrangement, Shareholder Rights

Case Brief

Summary, issues, holding and outcome

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Parties

Little Sheep Group Ltd

Applicant

Procedural Posture

Company Law / Judgment

  1. 1 Whether the scheme of arrangement proposed by Little Sheep Group Ltd should be sanctioned by the court

Ratio Decidendi

The court sanctioned the scheme of arrangement as it was satisfied that all statutory requirements were met and the scheme was fair and reasonable.

Court Disposition

scheme sanctioned

Orders

  • The scheme of arrangement is sanctioned.