In re Heritage Oil plc [2014] 2 JLR_Note 23 (17 September 2014)
- Status
- Judgment
- Jurisdiction
- Jersey
- Posture
- 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 complied with statutory requirements and was fair to stakeholders.
Court disposition
scheme sanctioned
Orders
- scheme of arrangement sanctioned
02
Material facts
Parties
Heritage Oil plc
Applicant03
Procedural history
Posture
Scheme of Arrangement / Sanction by Court
04
Questions and positions
Legal issues
Whether the scheme of arrangement should be sanctioned by the court
Party arguments
- Applicant
- Applicant sought court sanction for a scheme of arrangement under company law provisions.
05
Court’s reasoning
Legal principles
- 01
Jersey Companies Law
Court's power to sanction schemes of arrangement under company law.
06
Ratio, limits and disposition
Ratio decidendi
The court sanctioned the scheme of arrangement as it complied with statutory requirements and was fair to stakeholders.
Court disposition
scheme sanctioned
- scheme of arrangement sanctioned
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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