In the matter of Integra Group [2015] CIFsd 29 (10 September 2015)
The scheme of arrangement is sanctioned as it meets statutory requirements, has majority approval, and is not unfair to minority shareholders.
- Citation
- [2015] CIFsd 29
- Parties
- Subject Company: Integra Group
- Jurisdiction
- Cayman Islands
- Judgment Date
- 10 September 2015
- Procedural Posture
- Company Law Application / Judgment
- Outcome
- scheme sanctioned
- Legal Topics
- Scheme of Arrangement, Minority Shareholder Protection
Case Brief
Summary, issues, holding and outcome
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Parties
Integra Group
Subject Company
Procedural Posture
Company Law Application / Judgment
Legal Issues
- 1 Whether the scheme of arrangement should be sanctioned
- 2 Whether minority shareholders are adequately protected
Ratio Decidendi
The scheme of arrangement is sanctioned as it meets statutory requirements, has majority approval, and is not unfair to minority shareholders.
Court Disposition
scheme sanctioned
Orders
- Scheme of arrangement approved and sanctioned.
- Company to notify shareholders and implement scheme as per terms.
Full Case Text
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