In the Matter of Ascot Fund Ltd. (In Official Liquidation)
Solvent liquidation of fund company- distribution rights of members- contractual right to paripassu distribution before and after commencement of winding- up- distribution of proceeds of pre-liquidation settlement of New York proceedings in a manner preferential to members with small shareholdings- whether adjustment required to post- liquidation distributions to take into account benefits conferred on small shareholders by settlement distribution - whether distribution of settlement proceeds constituted unlawful return of capital by the company - liability of members in restitution for receipt of unlawful distributions.
All PDF copies on file (1)
Every PDF we hold for this judgment is listed here, including legacy versions pulled from earlier upstream pipelines. Each carries a provenance note so the source of each copy is explicit.
| Cause Number | FSD 0003 OF 2019 (IKJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2021-Jan-11 |
| Subject | Solvent liquidation of fund company- distribution rights of members- contractual right to paripassu distribution before and after commencement of winding- up- distribution of proceeds of pre-liquidation settlement of New York proceedings in a manner preferential to members with small shareholdings- whether adjustment required to post- liquidation distributions to take into account benefits conferred on small shareholders by settlement distribution - whether distribution of settlement proceeds constituted unlawful return of capital by the company - liability of members in restitution for receipt of unlawful distributions. |
| Category | Financial Services Division |
| Filename (current) | 4MBGUO1U9NZF1F4E6162EA4C7AE38ED2694A19A2FE8D6A6DD02F.pdf |
| File MD5 | 57a2e55183ef82786e8c1886f81710f2 |
| Source pipeline | csv |