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The Court found unfair prejudice to a minority shareholder from withheld valuation information, a concealed voluntary winding-up, and unequal treatment of Class B members.
The Appellate Division refused Al Plus Holding LLC permission to appeal against an order recognising Jersey liquidation proceedings and held the application totally without merit.
RE RTI Limited (In Liquidation) [2026] QIC (F) 15 (10 May 2026)
The Court held that the liquidation of RTI Limited should proceed in accordance with the applicable insolvency regulations, and approved the proposed distribution of assets to creditors.
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The Appellate Division refused permission to appeal against a winding-up order for Horizon Crescent Wealth LLC, holding there were no arguable grounds or evidence of conflict.
The Court dismissed an administration application and ordered ANAS Tec Gulf Engineering LLC wound up, appointing two official liquidators.
AL MAL BANK LLC (Banking & Finance Law) [2013] QIC (F) 3 (27 October 2013)
The court determined the applicability of the Insolvency Regulations to AL MAL BANK LLC and addressed the procedural requirements for insolvency proceedings.
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Seif Eldin Abdalla Sayed vs AL MAL BANK LLC (Banking & Finance Law) [2010] QIC (F) 2 (07 June 2010)
[2010] QIC (F) 2
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