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Jersey decisions
Decisions matching the current search
In re WPP v [2013] 1 JLR 175 (07 February 2013)
The court approved WPP’s proposed reduction of share capital, emphasizing discretion, equal treatment of shareholders, clear explanation, discernible purpose, and no creditor prejudice.
Representation of IHF (Jersey) Ltd [2012] JRC 196 (23 October 2012)
The Jersey Royal Court approved IHF (Jersey) Ltd’s reduction of share capital to create distributable reserves for a dividend on preference shares.
Representation by George Topco Limited [2012] JRC 059 (16 March 2012)
The Jersey Royal Court sanctioned George Topco Limited’s scheme of arrangement and approved the related capital reduction after finding statutory compliance and no prejudice from minor amendments.
Representation of MES Holdco Ltd [2011] JRC 204 (21 October 2011)
The Jersey Royal Court approved MES Holdco Ltd’s share capital reduction, accepting that the sole shareholder and sole creditor consented and the reduction had a discernible purpose.
Representation of Cape PLC [2011] JRC 127 (30 June 2011)
The Royal Court approved Cape PLC’s reduction of share capital, cancelling £607,647,161 in share premium and crediting it to a reserve for profit.
Representation of Sygen Limited [2011] JRC 077 (12 April 2011)
The Jersey Royal Court approved Sygen Limited’s reduction of share capital and share premium account as part of a group reorganisation, with no creditors involved.
Representation of Vodafone [2011] JRC 030A (02 February 2011)
The court approved Vodafone Holdings (Jersey) Limited's reduction of its share premium account, finding no prejudice to creditors and a proper purpose.
Representation of CPA [2010] JRC 021 (28 January 2010)
The Jersey Royal Court approved a scheme of arrangement and related share capital reduction after finding statutory compliance, fair shareholder representation, and a reasonable basis for approval.
The Royal Court approved New Tarsus’s reduction of share premium account by £39,065,048.80, being satisfied shareholders were informed and creditors consented.
Rep of Tarsus [2008] JRC 202 (01 December 2008)
The Jersey Royal Court approved a £39,065,048.80 reduction of Tarsus Group Plc’s share premium account, finding shareholders and creditors were properly informed and protected.
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