Examples of Cayman Islands Court in a sentence
A Cayman Islands Court may stay enforcement proceedings if concurrent proceedings are being brought elsewhere.
The Terms are governed by and construed in accordance with the laws of the Cayman Islands and each of us irrevocably submits to the exclusive jurisdiction of the Cayman Islands' Court to hear and decide any suit, action or proceedings, and to settle any dispute which may arise out of or in connection with the Terms.
On 19 October 2017, the Company filed an application to strike out the appeal to the Cayman Islands Court of Appeal.
The hearing of the Cayman Islands Court of Appeal was held on 15 November 2017 and order that both the appeal filed by Mr. Lai Yueh-Hsing and the Company be dismissed.
A Cayman Islands Court may stay enforcement proceedings if concurrent proceedings are being brought elsewhere.As a result of all of the above, public shareholders may have more difficulty in protecting their interests in the face of actions taken by management, members of the board of directors or controlling shareholders than they would as public shareholders of a United States company.
The Cayman Islands Court has provided the Provisional Liquidators with restricted powers, which include, among other things, preserve the assets of the Company, take charge of the Company’s subsidiaries, access and review the records, books and documents of the Company and convene meetings of shareholders.
On 3 March 2015, the Cayman Islands Court ordered that, among other things, (1) the winding-up petition against the Company be set down for trial at the first available date after and including 18 September 2015 with a time estimate of 10 days and (2) the Provisional Liquidators be granted leave to seek recognition in proceedings in the Courts of Hong Kong and in particular recognition of the Orders dated 11 February 2015 and 3 March 2015 (the “Hong Kong Recognition”).
The consent order to adjourn the trial of the winding-up petition against the Company was granted by the Cayman Islands Court on 10 November 2015, among other things, ordering that the said trial of the winding-up petition be adjourned to a date to be fixed.
The Cayman Islands Court provided the Provisional Liquidators with restricted powers, which include, among other things, to preserve the assets of the Company, take charge of the Company’s subsidiaries, access and review the records, books and documents of the Company and convene meetings of shareholders.
On 3 March 2015, the Cayman Islands Court ordered that, among other things, (1) the winding-up petition against the Company be set down for trial at the first available date after and including 18 September 2015 with a time estimate of 10 days and (2) the Provisional Liquidators be granted leave to seek recognition of proceedings in the Hong Kong Court and in particular recognition of the Orders dated 11 February 2015 and 3 March 2015.