10 Mar 2016
JOINT OFFICIAL LIQUIDATORS OF CENTAUR LITIGATION UNIT SERIES 1 LTD (In Liquidation)
- Citation
- JOINT OFFICIAL LIQUIDATORS OF CENTAUR LITIGATION UNIT SERIES 1 LTD (In Liquidation)
- Court
- Court of First Instance
- Case number
- HCMP3391/2015
The court recognised the Cayman joint official liquidators and granted the requested assistance including a requirement that no proceedings in Hong Kong against the companies proceed without the court's leave, because that control mirrors Cayman law and is consistent with Hong Kong s182 Cap 32 and applicable common law principles, and on balance the risk to uninformed creditors did not outweigh the need for orderly liquidation.