In re Plus 500 Emerging Mkts. High Yield Fund Ltd. v [1996] JLR_Note 8a (22 February 1996)

In re Plus 500 Emerging Mkts. High Yield Fund Ltd. v [1996] JLR_Note 8a (22 February 1996)

The court's decision turns on whether the statutory requirements for sanctioning a scheme of arrangement have been met.

Parties
Applicant: Plus 500 Emerging Mkts. High Yield Fund Ltd.
Jurisdiction
Jersey
Judgment Date
22 February 1996
Procedural Posture
Scheme of Arrangement / Application for Court Sanction
Outcome
Sanction granted
Legal Topics
Schemes of Arrangement, Court Sanction

Case Brief

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Parties

Plus 500 Emerging Mkts. High Yield Fund Ltd.

Applicant

Procedural Posture

Scheme of Arrangement / Application for Court Sanction

  1. 1 Whether the court should sanction the scheme of arrangement for Plus 500 Emerging Mkts. High Yield Fund Ltd.

Ratio Decidendi

The court's decision turns on whether the statutory requirements for sanctioning a scheme of arrangement have been met.

Court Disposition

Sanction granted

Orders

  • Scheme of arrangement sanctioned by the court