In re FRM Holdings v [2012] 2 JLR_Note 13 (18 June 2012)

In re FRM Holdings v [2012] 2 JLR_Note 13 (18 June 2012)

The court sanctioned the scheme of arrangement as it met statutory requirements and was fair and reasonable.

Parties
Applicant: FRM Holdings
Jurisdiction
Jersey
Judgment Date
18 June 2012
Procedural Posture
Companies Scheme of Arrangement / Sanction by Court
Outcome
Scheme of arrangement sanctioned
Legal Topics
Schemes of Arrangement, Court Sanction

Case Brief

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Parties

FRM Holdings

Applicant

Procedural Posture

Companies Scheme of Arrangement / Sanction by Court

  1. 1 Whether the court should sanction the scheme of arrangement proposed by FRM Holdings

Ratio Decidendi

The court sanctioned the scheme of arrangement as it met statutory requirements and was fair and reasonable.

Court Disposition

Scheme of arrangement sanctioned

Orders

  • Scheme of arrangement approved and sanctioned by the court