In the matter of Rhone Holdings LP [2015] CIFsd 30 (16 September 2015)

The court determined that the statutory grounds for winding up were satisfied and that it was just and equitable to order the winding up of Rhone Holdings LP.

Citation: [2015] CIFsd 30
Parties: Subject Entity: Rhone Holdings LP
Jurisdiction: Cayman Islands
Judgment Date: 16 September 2015
Procedural Posture: Financial Services Division Matter / Judgment
Outcome: winding up order granted
Legal Topics: Partnerships, Insolvency, Winding Up

Corporate Law Financial Services Partnerships Insolvency Winding Up

Case Brief

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Parties

Rhone Holdings LP

Subject Entity

Procedural Posture

Financial Services Division Matter / Judgment

Legal Issues

1 Whether Rhone Holdings LP should be wound up under the applicable partnership and insolvency laws

Ratio Decidendi

The court determined that the statutory grounds for winding up were satisfied and that it was just and equitable to order the winding up of Rhone Holdings LP.

Court Disposition

winding up order granted

Orders

Rhone Holdings LP is to be wound up in accordance with the applicable laws