In the matter of Trina Solar Ltd [2020] CIFsd 45 (23 September 2020)
The court found that all statutory requirements were met, the scheme was fair and reasonable, and there was no evidence of coercion or unfairness. The scheme was therefore sanctioned.
- Citation
- [2020] CIFsd 45
- Parties
- Subject Company: Trina Solar Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 23 September 2020
- Procedural Posture
- Company Matter / Judgment
- Outcome
- scheme sanctioned
- Legal Topics
- Scheme of Arrangement
Case Brief
Summary, issues, holding and outcome
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Parties
Trina Solar Ltd
Subject Company
Procedural Posture
Company Matter / Judgment
Legal Issues
- 1 Whether the scheme of arrangement proposed by Trina Solar Ltd should be sanctioned by the court
Ratio Decidendi
The court found that all statutory requirements were met, the scheme was fair and reasonable, and there was no evidence of coercion or unfairness. The scheme was therefore sanctioned.
Court Disposition
scheme sanctioned
Orders
- The scheme of arrangement is sanctioned as proposed by Trina Solar Ltd.
Full Case Text
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