Judgment
Cesar Hotelco (Cayman) Ltd and Others v Michael Ryan and Others - Ruling
FSD 0058/2012 (PCJ) · 2012-09-25
Whether security for costs should be ordered under s.74 Companies Law; whether the Plaintiffs’ insolvency warranted security; whether the Plaintiffs’ impecuniosity was caused by Defendants’ conduct; whether claims were bona fide and the proceedings oppressive; whether Mr Ryan was entitled to an indemnity or advance payment under company articles; whether indemnity provisions applied to alleged breaches of fiduciary duty; whether differences in article wording defeated a summary determination at interlocutory stage
Full metadata
| Cause Number | FSD 0058/2012 (PCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Cresswell J |
| Parties | Cesar Hotelco (Cayman) Ltd and Others v Michael Ryan and Others - Ruling |
| Judgment Date | 2012-09-25 |
| Subject | Whether security for costs should be ordered under s.74 Companies Law; whether the Plaintiffs’ insolvency warranted security; whether the Plaintiffs’ impecuniosity was caused by Defendants’ conduct; whether claims were bona fide and the proceedings oppressive; whether Mr Ryan was entitled to an indemnity or advance payment under company articles; whether indemnity provisions applied to alleged breaches of fiduciary duty; whether differences in article wording defeated a summary determination at interlocutory stage |
| Filename (current) | 12-09-25-Cesar-Hotelco-Cayman-Ltd-and-Others-v-Michael-Ryan-and-Others.pdf |