Judgment
In re Fortuna Development Corporation - Ruling
[2009] CIGC (G) 356
· G 0356/2004 · 2009-11-16
Validation order; Companies Law s.99; Proposed refinancing; Dispositions during pending petition; Directors’ duties; Wednesbury reasonableness; Creditor protection; Burden on opposing contributory; Absence of bad faith evidence; Application of In re Burton and Deakin principles; Procedural objections; Adequacy of financial evidence
Full metadata
| Neutral Citation | [2009] CIGC (G) 356 |
|---|---|
| Cause Number | G 0356/2004 |
| Court | CIGC (Civ) |
| Judge | Anderson J |
| Parties | In re Fortuna Development Corporation - Ruling |
| Judgment Date | 2009-11-16 |
| Subject | Validation order; Companies Law s.99; Proposed refinancing; Dispositions during pending petition; Directors’ duties; Wednesbury reasonableness; Creditor protection; Burden on opposing contributory; Absence of bad faith evidence; Application of In re Burton and Deakin principles; Procedural objections; Adequacy of financial evidence |
| Filename (current) | 09-11-16-Fortuna-Development-Corporation-In-re.pdf |