5/20/2009
START DATE
END DATE
28-May-09
Bio-Treat Technology Ltd. v. Highbridge Asia Opportunities Master Fund LP and Highbridge International LLC
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda
Commercial Court
Hon. Geoffrey R. Bell
Narinder Hargun
John Riihiluoma
FACTS OF THE CASE:
The dispute arises from the issuance of bonds by Bio-Treat partial payment leading to default statutory demands by Highbridge and subsequent legal actions to wind up Bio-Treat. The court found Highbridge not to be a creditor equitable contingent or prospective creditor of Bio-Treat dismissing Highbridge's summons to set aside a previous order restraining them from presenting a winding-up petition.
SUMMARY:
Defendant
OUTCOMES:
2009: No. 7
RULED IN FAVOUR OF:
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
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Bio-Treat Technology Ltd. v. Highbridge Asia Opportunities Master Fund LP and Highbridge International LLC
The dispute arises from the issuance of bonds by Bio-Treat partial payment leading to default statutory demands by Highbridge and subsequent legal actions to wind up Bio-Treat. The court found Highbridge not to be a creditor equitable contingent or prospective creditor of Bio-Treat dismissing Highbridge's summons to set aside a previous order restraining them from presenting a winding-up petition.