In the matter of Wyser-Pratte Eurovalue Fund Ltd [2010] CIFsd 42 (25 November 2010)

In the matter of Wyser-Pratte Eurovalue Fund Ltd [2010] CIFsd 42 (25 November 2010)

The Court found that the loss of substratum and breakdown in confidence justified winding up the company on just and equitable grounds.

Citation
[2010] CIFsd 42
Parties
Subject Company: Wyser-Pratte Eurovalue Fund Ltd
Jurisdiction
Cayman Islands
Judgment Date
25 November 2010
Procedural Posture
Company Law Petition / Judgment
Outcome
petition granted
Legal Topics
Winding Up, Just and Equitable Grounds

Case Brief

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Parties

Wyser-Pratte Eurovalue Fund Ltd

Subject Company

Procedural Posture

Company Law Petition / Judgment

  1. 1 Whether Wyser-Pratte Eurovalue Fund Ltd should be wound up on just and equitable grounds

Ratio Decidendi

The Court found that the loss of substratum and breakdown in confidence justified winding up the company on just and equitable grounds.

Court Disposition

petition granted

Orders

  • Wyser-Pratte Eurovalue Fund Ltd to be wound up