Renova Resources Private Equity Ltd v Brian Patrick Gilbertson & Ors [2010] CIFsd 17 (05 May 2010)
The court found that the respondents breached fiduciary duties owed to the applicant and granted relief accordingly.
- Citation
- [2010] CIFsd 17
- Parties
- Applicant: Renova Resources Private Equity Ltd; Respondent: Brian Patrick Gilbertson; Respondent: Ors
- Jurisdiction
- Cayman Islands
- Judgment Date
- 05 May 2010
- Procedural Posture
- Commercial / Judgment
- Outcome
- relief granted
- Legal Topics
- Private Equity, Shareholder Disputes
Case Brief
Summary, issues, holding and outcome
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Parties
Renova Resources Private Equity Ltd
Applicant
Brian Patrick Gilbertson
Respondent
Ors
Respondent
Procedural Posture
Commercial / Judgment
Legal Issues
- 1 Whether the respondents breached fiduciary duties
- 2 Whether relief should be granted to the applicant
Ratio Decidendi
The court found that the respondents breached fiduciary duties owed to the applicant and granted relief accordingly.
Court Disposition
relief granted
Orders
- Respondents to compensate applicant for losses caused by breach of fiduciary duty
Full Case Text
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