Judgment
Trident Microsystems (Far East) Ltd (in provisional liquidation - Ruling
FSD 0001/2012 (PCJ) · 2012-06-01
Continuation of provisional liquidation; adjournment under s.95(1)(b); role of JPLs in cross‑border Chapter 11 support; preservation of transitional service obligations under multiple asset sale agreements; risk of termination of Licensed IP upon official liquidation; retention of management team; value realisation from patents and tax attributes; Fruit of the Loom principles for restructuring; creditor committee views; exceptional circumstances justifying adjournment to 8 August 2012
Full metadata
| Cause Number | FSD 0001/2012 (PCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Cresswell J |
| Parties | Trident Microsystems (Far East) Ltd (in provisional liquidation - Ruling |
| Judgment Date | 2012-06-01 |
| Subject | Continuation of provisional liquidation; adjournment under s.95(1)(b); role of JPLs in cross‑border Chapter 11 support; preservation of transitional service obligations under multiple asset sale agreements; risk of termination of Licensed IP upon official liquidation; retention of management team; value realisation from patents and tax attributes; Fruit of the Loom principles for restructuring; creditor committee views; exceptional circumstances justifying adjournment to 8 August 2012 |
| Filename (current) | 12-06-01-Trident-Microsystems-Far-East-Ltd-In-re.pdf |