Judgment

In the matter of MV Cayman Ltd (in Official Liquidation) - Reasons for Judgment

[2022] CIGC (FSD) 8 · FSD 0008/2022 (DDJ) · 2022-09-28

Adjournment of winding up petition; Late adjournment application; Credible prospect of payment within reasonable time; Impact of refinancing efforts; Settlement agreement non‑compliance; Weighing creditor views (independent vs connected); Short adjournment justified to allow refinancing to complete. Insolvency Law; Company Law; Civil Procedure

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Neutral Citation	[2022] CIGC (FSD) 8
Cause Number	FSD 0008/2022 (DDJ)
Court	CIGC (FSD)
Judge	Doyle J
Parties	In the matter of MV Cayman Ltd (in Official Liquidation) - Reasons for Judgment
Judgment Date	2022-09-28
Subject	Adjournment of winding up petition; Late adjournment application; Credible prospect of payment within reasonable time; Impact of refinancing efforts; Settlement agreement non‑compliance; Weighing creditor views (independent vs connected); Short adjournment justified to allow refinancing to complete. Insolvency Law; Company Law; Civil Procedure
Filename (current)	22-09-28-In-the-matter-of-MV-Cayman-Ltd.pdf

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In the Grand Court of the Cayman Islands — Financial Services Division

[2022] CIGC (FSD) 8

Cause No. FSD 0008/2022 (DDJ)

In the matter of MV Cayman Ltd (in Official Liquidation) - Reasons for Judgment

Before
Doyle J

Judgment delivered 2022-09-28

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Digitally signed by Advance Performance Exponents
Inc
Date: 2022.09.28 17:06:40 -05:00
Reason: Apex Certified
Location: Apex

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