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January 26 2018

START DATE

END DATE

January 26 2018

In the Matter of Up Energy Development Group Limited and In the Matter of the Companies Act 1981

COURT:

LAW:

JUDGE(S):

CLAIMANT'S LAWYER:

DEFENDANT'S LAWYER:

The Supreme Court of Bermuda

Commercial Court

IAN RC KAWALEY CJ

John Wasty and Hannah Tildesley for the Petitioner Kevin Taylor and Nicole Tovey for the Joint Provisional Liquidators Andrew Martin and Jennifer Haworth for Kaisun Mark Burrows for Baosteel

Adjournment

FACTS OF THE CASE:

Viability of restructuring creditor support for adjournment progress in restructuring efforts required

SUMMARY:

Adjournment granted

OUTCOMES:

In Favour Of adjournment and restructuring efforts

RULED IN FAVOUR OF:

October 13 2017

PLAINTIFF/CLAIMANT

DEFENDANT:

DURATION (DAYS):

ISSUES:

RELEVANCE:

RULING:

RULING TYPE:

CASES CITED:

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In the Matter of Up Energy Development Group Limited and In the Matter of the Companies Act 1981

Viability of restructuring creditor support for adjournment progress in restructuring efforts required

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