In re Huelin-Renouf Shipping [2015] 2 JLR 148 (07 October 2015)
- Citation
- [2015] 2 JLR 148
- Status
- Judgment
- Jurisdiction
- Jersey
- Posture
- Winding Up / Application for Pooling Order
More details
- Posture
- Winding Up / Application for Pooling Order
On this page
Professional case brief
Research organized from the available case record
01
Holding and result
The court approved pooling of assets and liabilities of connected companies in winding up where it benefits creditors by reducing costs and increasing distributable assets.
Court disposition
application approved
Orders
- Pooling of assets and liabilities of connected Jersey and Guernsey companies in winding up approved
02
Material facts
Parties
Huelin-Renouf Shipping
Company in Liquidation03
Procedural history
Posture
Winding Up / Application for Pooling Order
04
Questions and positions
Legal issues
Whether the court may order pooling of assets and liabilities of connected Jersey and Guernsey companies in winding up
Party arguments
- Applicant
- Pooling of assets and liabilities is in the creditors' interests as it reduces costs and increases assets available for distribution.
- Respondent
- No respondent arguments are recorded in the summary.
05
Court’s reasoning
Legal principles
- 01
Jersey company law as interpreted in this case
The court may order pooling of assets and liabilities of connected Jersey and Guernsey companies in winding up if it is in the creditors' interests.
06
Ratio, limits and disposition
Ratio decidendi
The court approved pooling of assets and liabilities of connected companies in winding up where it benefits creditors by reducing costs and increasing distributable assets.
Court disposition
application approved
- Pooling of assets and liabilities of connected Jersey and Guernsey companies in winding up approved
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
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Court record
Judgment
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