Blog

On episode two of this season’s Take 10 podcast, Partner William Peake is joined by our London Litigation team, Counsels Francesca Gibbons and Deirdre MacNamara, and Associate Joshua Shuardson-Hipkin, to discuss the inner workings of the Judicial Committee of the Privy Council.

In the recent case of Byers and others v Chen, the Privy Council examined the role of a director.

In the recent decision in the matter of Changyou.com Limited, the Grand Court of the Cayman Islands has resolved the question of whether shareholders who dissent from a “short form” merger are entitled to the same fair value appraisal rights under section 238 of the Companies Act as shareholders who dissent from ordinary mergers.

In a recent decision of the Grand Court of the Cayman Islands (Re Freeman FinTech Corporation Limited), Segal J provides guidance on the principles to be applied when sanctioning a cross-border scheme of arrangement and the potential impact from creditors who fall outside the jurisdiction of the court.

In the recent case of Re MAB Leasing Limited in the High Court of England and Wales, MAB Leasing Limited (the Company) applied to the Court for an order to convene a meeting of creditors to approve a scheme of arrangement. The Company, incorporated in Malaysia, was part of the group which operated Malaysian Airlines. However, as it was liable to be wound up in England and Wales as an overseas company, the Court had jurisdiction over it to sanction a scheme of arrangement.

In a recent decision of the Grand Court of the Cayman Islands (Re Stingray Trust), Kawaley J resolved the previously unclear issue from previous decisions on whether s.90 of the Trusts Law (now “Act”) provides that all questions relating to, among other matters, the validity of a Cayman Islands Trust can only be adjudicated by the Cayman Islands courts?