In re SPhinX Group of Companies (In Official Liquidation) - Judgment
Jurisdiction to convene scheme meetings where proponents are investors rather than JOLs; Whether Amendment Scheme constitutes a “compromise or arrangement” under Companies Law s.86; Whether JOLs may cede statutory fiduciary powers to Scheme Supervisors; Compatibility of Amendment Scheme with Cayman statutory liquidation regime; Court’s power to disband liquidation committee under CWR O.9 r.1; Class composition principles under s.86 and scheme practice directions; Court’s sanction principles: compliance, voting threshold, and fairness (Hawk; Telewest; National Bank dictums)
All PDF copies on file (1)
Every PDF we hold for this judgment is listed here, including legacy versions pulled from earlier upstream pipelines. Each carries a provenance note so the source of each copy is explicit.
| Cause Number | FSD 0021/2014 (ASCJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Smellie CJ |
| Parties | In re SPhinX Group of Companies (In Official Liquidation) - Judgment |
| Judgment Date | 2014-07-23 |
| Subject | Jurisdiction to convene scheme meetings where proponents are investors rather than JOLs; Whether Amendment Scheme constitutes a “compromise or arrangement” under Companies Law s.86; Whether JOLs may cede statutory fiduciary powers to Scheme Supervisors; Compatibility of Amendment Scheme with Cayman statutory liquidation regime; Court’s power to disband liquidation committee under CWR O.9 r.1; Class composition principles under s.86 and scheme practice directions; Court’s sanction principles: compliance, voting threshold, and fairness (Hawk; Telewest; National Bank dictums) |
| Filename (current) | 14-07-23-Sphinx-Group-of-Companies-In-re.pdf |
| File MD5 | 1b14875ecb896b44a41c360f338c51fa |
| Source pipeline | pdb |
| PDB record ID | 3662 |
| PDB URL | https://judicial.ky/n0c-storage/judgments-repository2/14-07-23-Sphinx-Group-of-Companies-In-re.pdf |