In the matter of Primeo Fund [2017] CIFsd 34 (01 August 2017)
The court found that the Primeo Fund was insolvent and that it was just and equitable to order its winding up.
- Citation
- [2017] CIFsd 34
- Parties
- Applicant: Primeo Fund
- Jurisdiction
- Cayman Islands
- Judgment Date
- 01 August 2017
- Procedural Posture
- Insolvency / Judgment
- Outcome
- Winding up order granted
- Legal Topics
- Winding Up of Funds, Investor Protection
Case Brief
Summary, issues, holding and outcome
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Parties
Primeo Fund
Applicant
Procedural Posture
Insolvency / Judgment
Legal Issues
- 1 Whether the Primeo Fund should be wound up under the applicable insolvency laws
Ratio Decidendi
The court found that the Primeo Fund was insolvent and that it was just and equitable to order its winding up.
Court Disposition
Winding up order granted
Orders
- Primeo Fund to be wound up under the supervision of the court
Full Case Text
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