Judgment
NXP Semiconductors Netherlands BV v Trident Microsystems (Far East) Ltd (in provisional liquidation) - Ruling
FSD 0001/2012 (PCJ) · 2012-06-19
Validation of post‑petition payments; s.99 Companies Law; payments made in ordinary course of business; JPL oversight of trading operations; whether court order required where prior orders already authorised ordinary‑course transactions; cross‑border insolvency protocol with Delaware Chapter 11; preservation of going‑concern sales; court declines further order as unnecessary
Full metadata
| Cause Number | FSD 0001/2012 (PCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Cresswell J |
| Parties | NXP Semiconductors Netherlands BV v Trident Microsystems (Far East) Ltd (in provisional liquidation) - Ruling |
| Judgment Date | 2012-06-19 |
| Subject | Validation of post‑petition payments; s.99 Companies Law; payments made in ordinary course of business; JPL oversight of trading operations; whether court order required where prior orders already authorised ordinary‑course transactions; cross‑border insolvency protocol with Delaware Chapter 11; preservation of going‑concern sales; court declines further order as unnecessary |
| Filename (current) | 12-06-19-Trident-Microsystems-Far-East-Limited.pdf |
Legislation cited
| Statute | Sections cited | Mentions |
|---|---|---|
| Companies Act | 99 | 2 |