In re Heritage Oil plc [2014] 2 JLR_Note 23 (17 September 2014)
The court sanctioned the scheme of arrangement as it complied with statutory requirements and was fair to stakeholders.
- Parties
- Applicant: Heritage Oil plc
- Jurisdiction
- Jersey
- Judgment Date
- 17 September 2014
- Procedural Posture
- Scheme of Arrangement / Sanction by Court
- Outcome
- scheme sanctioned
- Legal Topics
- Schemes of Arrangement, Court Sanction
Case Brief
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Parties
Heritage Oil plc
Applicant
Procedural Posture
Scheme of Arrangement / Sanction by Court
Legal Issues
- 1 Whether the scheme of arrangement should be sanctioned by the court
Ratio Decidendi
The court sanctioned the scheme of arrangement as it complied with statutory requirements and was fair to stakeholders.
Court Disposition
scheme sanctioned
Orders
- scheme of arrangement sanctioned
Full Case Text
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