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Judgment · jid 5155 · pdb #3505

Lansdowne Limited and Silex Trust Company Ltd v Matador Investments Ltd (in Official Liquidation), Englefield Holdings Corp and Maritime Guerrand‑Hermès - Judgment

FSD 0013/2012 (CQJ) · 2012-08-23

Whether an agreement between PW and EGH could bind Matador; whether EGH had actual or ostensible authority to bind the company; whether the Agreement in Principle displaced or overrode the Articles and PPM; whether redemption rights could be free of gates or suspensions; whether side letters can override a Cayman fund’s Articles; effect of Companies Law s.37 on redemption mechanics; enforceability of gating under Articles and PPM; whether the Official Liquidator was required to admit proofs of debt in full

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