In re FRM Holdings v [2012] 2 JLR_Note 13 (18 June 2012)
- Status
- Judgment
- Jurisdiction
- Jersey
- Posture
- Companies Scheme of Arrangement / Sanction by Court
On this page
Professional case brief
Research organized from the available case record
01
Holding and result
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
02
Material facts
Parties
FRM Holdings
Applicant03
Procedural history
Posture
Companies Scheme of Arrangement / Sanction by Court
04
Questions and positions
Legal issues
Whether the court should sanction the scheme of arrangement proposed by FRM Holdings
Party arguments
- Applicant
- The applicant seeks court sanction for a scheme of arrangement under company law provisions.
- Respondent
- No respondent arguments are recorded in the available summary.
05
Court’s reasoning
Legal principles
- 01
Companies (Jersey) Law
The court has the power to sanction schemes of arrangement if statutory requirements are met and the scheme is fair and reasonable.
06
Ratio, limits and disposition
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
- Scheme of arrangement approved and sanctioned by the court
Source and reliance status
Official court record
This page organises the available record for research. Confirm quotations, current status, and subsequent treatment against the official source before relying on the case.
Judgment reading view
Judgment text
The complete available source text.
Court record
Judgment
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