In the matter of Obelisk Global Fund SPC & Obelisk Global Gold Fund SPC [2021] CIFsd 49 (12 August 2021)

In the matter of Obelisk Global Fund SPC & Obelisk Global Gold Fund SPC [2021] CIFsd 49 (12 August 2021)

The court found that the statutory grounds for winding up were satisfied and it was just and equitable to grant the orders sought.

Source-derived case information.

Citation
[2021] CIFsd 49
Parties
Applicant: Obelisk Global Fund SPC; Applicant: Obelisk Global Gold Fund SPC
Jurisdiction
Cayman Islands
Judgment Date
12 August 2021
Procedural Posture
Financial Services Division Matter / Judgment
Outcome
orders granted
Legal Topics
Winding Up, Funds, Insolvency
Company Law Financial Services Winding Up Funds Insolvency

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Sign in to unlock

Parties

Obelisk Global Fund SPC

Applicant

Obelisk Global Gold Fund SPC

Applicant

Procedural Posture

Financial Services Division Matter / Judgment

  1. 1 Whether the funds should be wound up under the Companies Law

Ratio Decidendi

The court found that the statutory grounds for winding up were satisfied and it was just and equitable to grant the orders sought.

Court Disposition

orders granted

Orders

  • The funds are to be wound up pursuant to the Companies Law.