2/5/2008
START DATE
END DATE
9/5/2008
In the Matter of Dickson Group Holdings Limited (In Hong Kong Liquidation)
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda Commercial Court
Commercial Law
Kawaley J
Jennifer Fraser Appleby
N/A
FACTS OF THE CASE:
Company incorporated in Bermuda main business in Hong Kong and China in provisional liquidation and winding-up in Hong Kong application for scheme of arrangement in Bermuda parallel to Hong Kong law
SUMMARY:
Jurisdiction and discretion of Bermuda court in recognizing foreign winding-up orders promotion and sanctioning of insolvent schemes outside liquidation proceedings directors' role in liquidation under different jurisdictions
OUTCOMES:
Debt restructuring company's return to solvency relisting of shares
RULED IN FAVOUR OF:
N/A
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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