In the matter of Wimbledon Fund SPC [2017] CIFsd 60 (14 December 2017)
The court found that the fund was insolvent and unable to pay its debts, warranting a winding up order under the Companies Law.
- Citation
- [2017] CIFsd 60
- Parties
- Applicant: Wimbledon Fund SPC
- Jurisdiction
- Cayman Islands
- Judgment Date
- 14 December 2017
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Fund Insolvency
Case Brief
Summary, issues, holding and outcome
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Parties
Wimbledon Fund SPC
Applicant
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Wimbledon Fund SPC should be wound up under the Companies Law
Ratio Decidendi
The court found that the fund was insolvent and unable to pay its debts, warranting a winding up order under the Companies Law.
Court Disposition
winding up order granted
Orders
- The fund is to be wound up under the Companies Law.
Full Case Text
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