In the matter of Belmont Asset Based Lending Ltd [2010] CIFsd 1 (21 January 2010)
The court determined that the statutory grounds for winding up were satisfied in respect of Belmont Asset Based Lending Ltd.
- Citation
- [2010] CIFsd 1
- Parties
- Subject Company: Belmont Asset Based Lending Ltd
- Jurisdiction
- Cayman Islands
- Judgment Date
- 21 January 2010
- Procedural Posture
- Corporate Insolvency / Unspecified
- Outcome
- winding up order granted
- Legal Topics
- Winding Up, Asset Based Lending
Case Brief
Summary, issues, holding and outcome
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Parties
Belmont Asset Based Lending Ltd
Subject Company
Procedural Posture
Corporate Insolvency / Unspecified
Legal Issues
- 1 Whether Belmont Asset Based Lending Ltd should be wound up under the applicable insolvency laws
Ratio Decidendi
The court determined that the statutory grounds for winding up were satisfied in respect of Belmont Asset Based Lending Ltd.
Court Disposition
winding up order granted
Orders
- Belmont Asset Based Lending Ltd is to be wound up in accordance with the law
Full Case Text
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