In the matter of Bear Stearns High Grade Structured Credit Strategies (Overseas) Ltd [2010] CIFsd 30 (24 August 2010)
The court found that the company was unable to pay its debts and ordered its winding-up under the Companies Law.
- Citation
- [2010] CIFsd 30
- Parties
- Subject Company: Bear Stearns High Grade Structured Credit Strategies (Overseas) Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 24 August 2010
- Procedural Posture
- Winding Up Petition / Judgment
- Outcome
- winding-up order granted
- Legal Topics
- Winding Up, Liquidation, Creditor Rights
Case Brief
Summary, issues, holding and outcome
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Parties
Bear Stearns High Grade Structured Credit Strategies (Overseas) Ltd
Subject Company
Procedural Posture
Winding Up Petition / Judgment
Legal Issues
- 1 Whether Bear Stearns High Grade Structured Credit Strategies (Overseas) Ltd should be wound up under the Companies Law
Ratio Decidendi
The court found that the company was unable to pay its debts and ordered its winding-up under the Companies Law.
Court Disposition
winding-up order granted
Orders
- The company is to be wound up under the Companies Law.
Full Case Text
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