Judgment
Medley Opportunity Fund Ltd v Fintan Master Fund Ltd and Nautical Nominees Ltd - Judgment
FSD 0023/2012 (CQJ) · 2012-06-21
Construction of restructuring option agreements; effect of Article 53 on varying shareholder rights; binding effect of options elected by nominee shareholder; interplay between Side Letter rights and Articles; Rainy Sky commercial construction principles; validity of subsequent redemption request; nominee vs beneficial owner rights; whether options displaced Article‑based redemption rights; pro‑rata orderly distribution regime; enforceability of Side Letter by non‑party; estoppel by convention arguments rejected
Full metadata
| Cause Number | FSD 0023/2012 (CQJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Quin J |
| Parties | Medley Opportunity Fund Ltd v Fintan Master Fund Ltd and Nautical Nominees Ltd - Judgment |
| Judgment Date | 2012-06-21 |
| Subject | Construction of restructuring option agreements; effect of Article 53 on varying shareholder rights; binding effect of options elected by nominee shareholder; interplay between Side Letter rights and Articles; Rainy Sky commercial construction principles; validity of subsequent redemption request; nominee vs beneficial owner rights; whether options displaced Article‑based redemption rights; pro‑rata orderly distribution regime; enforceability of Side Letter by non‑party; estoppel by convention arguments rejected |
| Filename (current) | 12-06-21-Medley-Opp-Fund-v-Fintan-Master-Fund-Ltd-and-Nautical-Nominee.pdf |
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