WebDec 12, 2024 · Introduction. In Re Klimvest plc [2024] EWHC 596 (Ch), the High Court ordered a publicly listed company (plc) to be wound up pursuant to section 122 (1) (g) of the Insolvency Act 1986 (the “Act”) using the Court’s discretionary powers to wind up on just and equitable grounds on the basis the company’s purpose had been lost. WebMar 28, 2024 · Publicly listed company wound up for loss of substratum (Re Klimvest plc) News. Archive • 28.03.2024 • . Found in: Dispute Resolution, Restructuring & Insolvency. Restructuring & Insolvency analysis: For the first time in this jurisdiction, the court has ordered the winding up of a listed plc on the just and equitable ground under section …
Duneau v Klimt Invest SA And Others – Just And Equitable …
WebJun 23, 2024 · Case Law Re Klimvest plc [2024] EWHC 596 (Ch) Court orders winding up of publicly traded company on the grounds of loss of purpose or substratum. In this case, … WebSep 8, 2024 · In Duneau v Klimt Invest SA and others [2024] EWHC 596 (Ch) the High Court considered the winding up petition in respect of Klimvest Plc which was based on just and equitable grounds and having reviewed the authorities, wound up the company. The judgment contains a useful review of the authorities in respect of the just and equitable … suzuki r1 1000
Pointless – English High Court winds up listed plc for losing its pur …
WebThe relevant principles for this analysis are well summarised at [184] to [199] of Re Klimvest plc [2024] EWHC 596 (Ch). Essentially, the court should have regard to the “full factual matrix” of each individual case. 19. Section 132 of the BSA 2024 further supports prospective claimants seeking BLOs, ... WebCases & decisions 20. Taylor v The Whitehall Partnership Ltd & Anor [2024] EWHC 596 (Ch) Re Klimvest plc; Duneau v Klimt Invest SA [2024] EWHC 596 (Ch) Loveridge v Loveridge [2024] EWCA Civ 1697. Kuddusi Can Il (aka K Jan Il) v Yesilkaya (aka Abit Yesilkaya) [2024] EWHC 1695 (Ch) Chu v Lau (British Virgin Islands) [2024] UKPC 24 WebDec 28, 2024 · In the recent decision in Re Klimvest Plc [2024] EWHC 596 (Ch), HHJ Cawson QC, sitting as a Judge of the English High Court, ordered that the respondent company, … baroda dairy makarpura