Judgment
Palladyne International Asset Management BV v Upper Brook (A) Ltd and Ors - Judgment
FSD 0068/2016 (NSJ) · 2019-01-30
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 0068/2016 (NSJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Segal J |
| Parties | Palladyne International Asset Management BV v Upper Brook (A) Ltd and Ors - Judgment |
| Judgment Date | 2019-01-30 |
| Subject | 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 |
| Filename (current) | 19-01-30-Palladyne-International-Asset-Management-BV-v-Upper-Brook-A-Limited-and-Ors.pdf |