12 Dec 2025
The Company failed to produce a concrete restructuring proposal or a scheme put to creditors; a four-page non-binding term sheet and letters from some unsecured creditors (66% in value; 4 of 12 in number) do not satisfy the requirements for adjournment, therefore the court made the ordinary winding up order.
24 Jul 2025
Usual bankruptcy order granted because the statutory demand and substituted service of the petition complied with the Bankruptcy Rules and court order, the debtor failed to comply with mandatory rule 68 timing and did not establish a bona fide dispute on substantial grounds nor demonstrate reasonable prospects of success on appeal or obtain a stay, and the debtor declined the conditional extension of time requiring payment into court.
7 Feb 2025
Debtor failed to comply with Bankruptcy Rules r68 by not filing a notice of opposition or affidavit and gave no acceptable explanation for the delay; the debt was established by a District Court costs order and there was no evidence of fraud, collusion or other reason to impugn that order; pending employee compensation proceedings and a legal aid application did not excuse non‑compliance and did not prevent a bankruptcy order; accordingly a usual bankruptcy order was warranted under the Bankruptcy Ordinance s6A(1)(a).
9 Feb 2024
The court found the Debt arose from a final contested judgment and the Companies failed to show any bona fide dispute on substantial grounds or produce credible documentary evidence to support the alleged representations or negligence; late evidence was unjustified and would prejudice the Petitioner; accordingly winding up orders were appropriate and the applications to adduce late affirmation were dismissed.
4 Dec 2023
Debtor failed to discharge the burden of showing a bona fide dispute on substantial grounds; having not complied with the statutory demand he is deemed insolvent under s.6A(1)(a); res judicata and the Turner principle bar him from reviving or introducing arguments at the petition stage that were or could have been raised on the application to set aside the statutory demand; jurisdiction and security arguments do not defeat the Petition; bankruptcy order granted.
13 Sept 2021
The petitioner established insolvency and the opposing contributory failed to demonstrate any bona fide defence on substantial grounds despite nine months to produce evidence; accordingly the court must grant the usual winding-up order and refuse further time to file evidence.
19 Jul 2021
Because an earlier petition existed and the petitioner failed to address the procedural irregularity promptly, the court dismissed the later petition and ordered the petitioner to pay the Company's and the Officer Receiver's costs; additionally the petition was noted to be demurrable for failing to plead facts satisfying the core requirements for a Bermuda company.
20 May 2021
The Court granted the winding up order because the debt claimed was due and undisputed, the statutory demand was valid and unmet, the Company was unable to pay its debts under s177/178 CWUO, and the Company failed to produce any concrete, supported restructuring proposal or binding arrangements that would justify adjourning the petition.
14 Dec 2020
The company failed to demonstrate any bona fide defence on substantial grounds and did not substantiate or identify any contract underlying its alleged counterclaim; the statutory demand and claimed debt established insolvency for the purposes of the petition, hence the winding-up order was made.
21 Sept 2020
Because judgment had been obtained, the merits of the company's defence had been considered and dismissed, no stay of judgment was obtained, and the company could not provide payment into court or realistic security, the unsatisfied statutory demand established a prima facie case of insolvency and a winding up order should be made.