In re Vallar Plc v [2011] JLR_Note 25 (27 June 2011)

In re Vallar Plc v [2011] JLR_Note 25 (27 June 2011)

The court sanctioned the scheme of arrangement as all statutory requirements were met and the scheme was fair and reasonable.

Parties
Applicant: Vallar Plc
Jurisdiction
Jersey
Judgment Date
27 June 2011
Procedural Posture
Scheme of Arrangement / Sanction by Court
Outcome
scheme sanctioned
Legal Topics
Schemes of Arrangement, Court Sanction

Case Brief

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Parties

Vallar Plc

Applicant

Procedural Posture

Scheme of Arrangement / Sanction by Court

  1. 1 Whether the court should sanction the scheme of arrangement proposed by Vallar Plc

Ratio Decidendi

The court sanctioned the scheme of arrangement as all statutory requirements were met and the scheme was fair and reasonable.

Court Disposition

scheme sanctioned

Orders

  • The scheme of arrangement is sanctioned by the court.