In the matter of Qihoo 360 Technology Co Ltd [2017] CIFsd 44 (18 October 2017)

The scheme was fair, reasonable, and complied with statutory requirements; court sanctioned the scheme.

Citation: [2017] CIFsd 44
Parties: Applicant: Qihoo 360 Technology Co Ltd
Jurisdiction: Cayman Islands
Judgment Date: 18 October 2017
Procedural Posture: Company Law / Judgment
Outcome: scheme sanctioned
Legal Topics: Scheme of Arrangement, Shareholder Rights

Company Law Scheme of Arrangement Shareholder Rights

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Parties

Qihoo 360 Technology Co Ltd

Applicant

Procedural Posture

Company Law / Judgment

Legal Issues

1 Whether the scheme of arrangement should be sanctioned

Ratio Decidendi

The scheme was fair, reasonable, and complied with statutory requirements; court sanctioned the scheme.

Court Disposition

scheme sanctioned

Orders

Scheme of arrangement sanctioned as proposed