In the matter of Belmont Asset Based Lending Ltd [2010] CIFsd 1 (21 January 2010)

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

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Parties

Belmont Asset Based Lending Ltd

Subject Company

Procedural Posture

Corporate Insolvency / Unspecified

  1. 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