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Judgment · jid 5174 · pdb #3513

Medley Opportunity Fund Ltd v Fintan Master Fund Ltd and Nautical Nominees Ltd - Judgment

FSD 0023/2012 (CQJ) · 2012-06-21

Construction of restructuring option agreements; effect of Article 53 on varying shareholder rights; binding effect of options elected by nominee shareholder; interplay between Side Letter rights and Articles; Rainy Sky commercial construction principles; validity of subsequent redemption request; nominee vs beneficial owner rights; whether options displaced Article‑based redemption rights; pro‑rata orderly distribution regime; enforceability of Side Letter by non‑party; estoppel by convention arguments rejected

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