In re Collections Group v [2013] 2 JLR_Note 2 (20 May 2013)
The court recognized the use of pre-packaged agreements in company winding up proceedings, provided they are subject to judicial scrutiny and approval.
- Parties
- Applicant: Collections Group
- Jurisdiction
- Jersey
- Judgment Date
- 20 May 2013
- Procedural Posture
- Company Winding Up / Pre Packaged Agreement
- Outcome
- pre-packaged agreement recognized, subject to court approval
- Legal Topics
- Winding Up, Pre Packaged Agreement
Case Brief
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Parties
Collections Group
Applicant
Procedural Posture
Company Winding Up / Pre Packaged Agreement
Legal Issues
- 1 Whether a pre-packaged agreement is permissible in the winding up of a company
Ratio Decidendi
The court recognized the use of pre-packaged agreements in company winding up proceedings, provided they are subject to judicial scrutiny and approval.
Court Disposition
pre-packaged agreement recognized, subject to court approval
Full Case Text
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