In the matter of YA Offshore Global Investments Ltd [2012] CIFsd 16 (05 March 2012)

In the matter of YA Offshore Global Investments Ltd [2012] CIFsd 16 (05 March 2012)

The court found that YA Offshore Global Investments Ltd was unable to pay its debts and ordered that it be wound up.

Citation
[2012] CIFsd 16
Parties
Subject Company: YA Offshore Global Investments Ltd
Jurisdiction
Cayman Islands
Judgment Date
05 March 2012
Procedural Posture
Company Matter / Judgment
Outcome
petition granted
Legal Topics
Winding Up, Insolvency

Case Brief

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Parties

YA Offshore Global Investments Ltd

Subject Company

Procedural Posture

Company Matter / Judgment

  1. 1 Whether YA Offshore Global Investments Ltd should be wound up under the Companies Law

Ratio Decidendi

The court found that YA Offshore Global Investments Ltd was unable to pay its debts and ordered that it be wound up.

Court Disposition

petition granted

Orders

  • YA Offshore Global Investments Ltd is wound up
  • Official liquidator to be appointed