Judgment · jid 5730 · pdb #2539

In the Matter of Ansbacher (Cayman) Ltd - Judgment

G 0465/2006 · 2006-12-04

Companies Law; Capital reduction; Creditor protection; Professional indemnity insurance; Court discretion

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06-12-04-Ansbacher-(Cayman)-Limited.pdf

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Full metadata

Cause Number	G 0465/2006
Court	CIGC (Civ)
Judge	Levers J
Parties	In the Matter of Ansbacher (Cayman) Ltd - Judgment
Judgment Date	2006-12-04
Subject	Companies Law; Capital reduction; Creditor protection; Professional indemnity insurance; Court discretion
Filename (current)	06-12-04-Ansbacher-(Cayman)-Limited.pdf
File MD5	72c450e0734a8ea8d29583e5cfc13330
Source pipeline	pdb
PDB record ID	2539
PDB URL	https://judicial.ky/n0c-storage/judgments-repository2/06-12-04-Ansbacher-(Cayman)-Limited.pdf

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In the Grand Court of the Cayman Islands — Civil Division

Cause No. G 0465/2006

In the Matter of Ansbacher (Cayman) Ltd - Judgment

Before
Levers J

Judgment delivered 2006-12-04

IN CHAMBERS
IN THE GR

The power to reduce is found in Article

amount of capital in the Company now that

The Companies Creditors

The evidence before

The Company submits that the interests of the

Mr. Emil George, QC on behalf

"The Burke Beneficiaries are contingent creditors

“Ansbacher has stated at paragraph

I agree with Mr. Jones, in

prevent any prejudice to the Burkes in

As in all matters of this nature,

companies which were first notified to the insurance

concerns were based around the insurance

cover the liability. Ansbacher group

grant the order for the confirmation of the

advertised in the Gazette and in those

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