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Judgment

In re Trident Microsystems (Far East) Ltd - Ruling

FSD 0001/2012 (PCJ) · 2012-04-20

Cross‑border insolvency protocol with Delaware Bankruptcy Court; CWR O.21 international protocol framework; co‑ordination with Chapter 11 proceedings; principles for sanctioning liquidators’ exercise of powers; liquidator duty to obtain best price; reliance on Re Universal and Surety, Edennote, Greenhaven; approval of sale of TV business to Sigma; restructuring impossibility; bringing forward winding‑up hearing; provisional liquidators’ function; confidentiality orders

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