9/15/2014
START DATE
END DATE
9/23/2014
Titan Petrochemicals Group Limited (Provisional Liquidators Appointed) and Section 99 of the Companies Act 1981
COURT:
LAW:
JUDGE(S):
CLAIMANT'S LAWYER:
DEFENDANT'S LAWYER:
Supreme Court of Bermuda
Commercial Law
Ian RC Kawaley CJ
Mark Diel Kevin Taylor (Marshall Diel & Myers Limited)
John Riihiluoma (Appleby (Bermuda) Limited)
FACTS OF THE CASE:
Application under Section 99 for leave to convene meetings of creditors to consider a scheme of arrangement note-holders right to vote as contingent creditors
SUMMARY:
Whether note-holders qualify as 'creditors' for the purpose of voting on a proposed scheme under Section 99
OUTCOMES:
Leave granted for note-holders to vote as contingent creditors
RULED IN FAVOUR OF:
Plaintiff/Claimant
PLAINTIFF/CLAIMANT
DEFENDANT:
DURATION (DAYS):
ISSUES:
RELEVANCE:
RULING:
RULING TYPE:
CASES CITED:
Join our pro membership and get all the details at your finger tips
Want to see full case details, including key arguments and claims? [Join Pro Membership] to unlock exclusive insights.
Discover the legal strategies and defenses used in this case. [Join Pro Membership] for full access.
How long did this legal battle last, and what key events happened? [Join Pro Membership] to find out.
Uncover the critical legal principles debated in this case. [Join Pro Membership] for in-depth analysis.
See why this case matters in Banking, Mortgages, and Financial Services. [Join Pro Membership] to explore its impact.
Find out the final judgment and its legal implications. [Join Pro Membership] to access the ruling.
Understand how this judicial ruling sets a precedent in law. [Join Pro Membership] for expert breakdowns.
See how past legal precedents influenced this case. [Join Pro Membership] to unlock the list.
Download Case Summary:
Explore:
EPHESIANS 6:16
PT Satria Tirtatama Energindo v. East Asia Company Limited and Bali Energy Limited
2016
RE: C (VARIATION OF ACCESS ORDER)
2015
In the Matter of IPOC Capital Partners Limited and others
2007
Hindsight law can make mistakes. Consider checking original case studies