Judgment
Swiss-Asia Genghis Hedge Fund v Maoming Fund - Judgment
FSD 0012/2013 (AJJ) · 2013-07-24
Enforceability of the Letter Agreement dated 21 December 2011; Directors' power to cancel or reverse the economic effect of a completed redemption transaction; Binding nature of the Letter Agreement despite Somers not being a party; Estoppel by convention regarding the assumed facts and legal basis of the Letter Agreement; Validity of payment of redemption proceeds in specie under Article 7.6 of the Fund's articles of association
Full metadata
| Cause Number | FSD 0012/2013 (AJJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Jones J |
| Parties | Swiss-Asia Genghis Hedge Fund v Maoming Fund - Judgment |
| Judgment Date | 2013-07-24 |
| Subject | Enforceability of the Letter Agreement dated 21 December 2011; Directors' power to cancel or reverse the economic effect of a completed redemption transaction; Binding nature of the Letter Agreement despite Somers not being a party; Estoppel by convention regarding the assumed facts and legal basis of the Letter Agreement; Validity of payment of redemption proceeds in specie under Article 7.6 of the Fund's articles of association |
| Filename (current) | 13-07-24-Swiss-Asia-Genghis-Hedge-Fund-v-Maoming-Fune.pdf |
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