November 15 2007
START DATE
END DATE
November 23 2007
In the Matter of IPOC Capital Partners Limited and others
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda
COMPANIES (WINDING-UP)
Kawaley J.
Renee Foggo
Mark Diel Jeffrey Elkinson David Kessaram Rod Attride-Stirling Nathaniel Turner Justin Williams
FACTS OF THE CASE:
Dispute over whether the MSA should be voided if companies are wound-up interpretation of legal obligations and rights under the Companies Act and the MSA resolution of procedural disputes regarding the court's order
SUMMARY:
Whether the MSA should be avoided under section 166 of the Companies Act 1981 proper procedural responses to queries raised by the Registrar of Companies
OUTCOMES:
Court's decision to proceed with substantive hearing without requiring affidavit response from the companies to the Registrar's queries confirmation of the undertaking by the companies' counsel to respond to the Registrar's letter by a specific deadline and resolution of a dispute over the wording of the formal order
RULED IN FAVOUR OF:
Undecided at the point of the document's end
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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