Judgment
Palladyne International Asset Management B.V. v Upper Brook (A) Limited et al
FSD 0068 OF 2016 (NSJ) · 2019-Jan-30
Judgment - Shares in Cayman companies held by Libyan state entities - whether written shareholder resolutions of the Cayman companies purportedly signed on behalf of the Libyan state entities were valid and effective - written resolutions purported to remove directors of and appoint new directors to the Cayman companies - effect of UN sanctions and asset freeze in respect if Libya on the written resolutions - whether those signing the written resolutions were properly authorised to do so on behalf of the Libyan state entities as a matter of Libyan or Cayman law
Full metadata
| Cause Number | FSD 0068 OF 2016 (NSJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2019-Jan-30 |
| Subject | Judgment - Shares in Cayman companies held by Libyan state entities - whether written shareholder resolutions of the Cayman companies purportedly signed on behalf of the Libyan state entities were valid and effective - written resolutions purported to remove directors of and appoint new directors to the Cayman companies - effect of UN sanctions and asset freeze in respect if Libya on the written resolutions - whether those signing the written resolutions were properly authorised to do so on behalf of the Libyan state entities as a matter of Libyan or Cayman law |
| Category | Financial Services Division |
| Filename (current) | 3GXW7O1SLVQ51E12DHED3C17CD157D7D13286F317A416B0C6F84.pdf |