Jersey Judgment

In re Ashburton Global Funds v [2014] 1 JLR_Note 12 (09 January 2014)

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Professional case brief

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Source document

01

Holding and result

The court held that schemes of arrangement may involve protected cells provided statutory requirements are met.

Court disposition

Scheme of arrangement involving protected cells permitted subject to statutory compliance.

02

Material facts

Parties

Ashburton Global Funds

Applicant

03

Procedural history

  1. Posture

    Companies Schemes of Arrangement / Judgment/note

04

Questions and positions

Legal issues

Whether a scheme of arrangement involving protected cells is permissible under Jersey law

Party arguments

Applicant
The applicant seeks approval of a scheme of arrangement involving protected cells under Jersey company law.

05

Court’s reasoning

  1. 01

    Jersey Companies Law

    Schemes of arrangement under company law may involve protected cells if compliant with statutory requirements.

06

Ratio, limits and disposition

Ratio decidendi

The court held that schemes of arrangement may involve protected cells provided statutory requirements are met.

Court disposition

Scheme of arrangement involving protected cells permitted subject to statutory compliance.

Source and reliance status

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Judgment text

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Source document

Court record

Judgment

Judgment

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BAILII >> Databases >> Jersey Law Reports >> In re Ashburton Global Funds v [2014] 1 JLR_Note 12 (09 January 2014) URL: https://www.bailii.org/je/cases/JLR/2014/JLR14N112.html Cite as: [2014] 1 JLR_Note 12 [ New search ] [ Help ] In re Ashburton Global Funds v 2014 (1) JLR Note 12 (09 January 2014) Companies-schemes of arrangement-protected cells The document you wish to view is available to registered users or can be purchased as a PDF. To purchase this document in PDF format or alternatively to Register to purchase membership go to the Jersey Law website via this link: 2014 (1) JLR Note 12 BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/je/cases/JLR/2014/JLR14N112.html

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Authorities

Authorities used by the court

Cases, legislation, regulations, and constitutional provisions identified in the available record.

Jersey Companies Law

Legislation

Legislation referenced in the available case record.

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