Pheonix Commodities Ltd v ICM SPC - Judgment [2025] CIGC (FSD) 68 (24 July 2025)
The court found that the respondent breached its contractual obligations, causing loss to the applicant, and held the respondent liable for damages.
- Citation
- [2025] CIGC (FSD) 68
- Parties
- Applicant: Pheonix Commodities Ltd; Respondent: ICM SPC
- Jurisdiction
- Cayman Islands
- Judgment Date
- 24 July 2025
- Procedural Posture
- Commercial Dispute / Judgment
- Outcome
- judgment for the applicant
- Legal Topics
- Contract Enforcement
Case Brief
Summary, issues, holding and outcome
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Parties
Pheonix Commodities Ltd
Applicant
ICM SPC
Respondent
Procedural Posture
Commercial Dispute / Judgment
Legal Issues
- 1 whether the respondent breached contractual obligations to the applicant
Ratio Decidendi
The court found that the respondent breached its contractual obligations, causing loss to the applicant, and held the respondent liable for damages.
Court Disposition
judgment for the applicant
Orders
- respondent to pay damages to the applicant
Full Case Text
Judgment text and source record
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