In the matter of Trina Solar Ltd [2021] CIFsd 81 (08 December 2021)

In the matter of Trina Solar Ltd [2021] CIFsd 81 (08 December 2021)

The court found that all statutory requirements were met, the scheme was fair and reasonable, and there was no evidence of coercion or unfairness to minority shareholders.

Citation
[2021] CIFsd 81
Parties
Subject Company: Trina Solar Ltd
Jurisdiction
Cayman Islands
Judgment Date
08 December 2021
Procedural Posture
Company Law Proceeding / Judgment
Outcome
scheme sanctioned
Legal Topics
Scheme of Arrangement, Shareholder Rights

Case Brief

Summary, issues, holding and outcome

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Parties

Trina Solar Ltd

Subject Company

Procedural Posture

Company Law Proceeding / Judgment

  1. 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 to minority shareholders.

Court Disposition

scheme sanctioned

Orders

  • The scheme of arrangement is sanctioned as proposed.