Examples of Guernsey Court in a sentence
As a consequence of the Retention Arrangements, Glen Parsons and Eric Roth will not vote on the resolution to approve the Scheme at the Guernsey Court Meeting.
The Combination will be conditional upon the Scheme becoming unconditional and becoming Effective, subject to the provisions of the Code, by no later than the Long Stop Date or such later date (if any) as Sandstorm and Mariana may, with the consent of the Panel, agree and (if required) the Guernsey Court may allow.
Any vote in respect of the resolutions to be proposed at the Guernsey Court Meeting, Friends Life General Meeting or Aviva General Meeting to approve the Proposed Acquisition and related matters, should be made only on the basis of the information contained in the Scheme Document, the Aviva Prospectus and, in the case of Aviva Shareholders, the Aviva Class 1 Circular.
The Guernsey Court of Appeal was constituted by the Court of Appeal (Guernsey) Law, 1961, and has both civil and criminal jurisdiction in accordance with the provisions of that Law.
Guernsey Court of Appeal, unreported, 10th September 2013) Mr John Martin QC sitting as a Judge of the Guernsey Court of Appeal, explained the distinction between Categories 2 and 3 of Public Trustee v Cooper, the latter being where trustees surrender their discretion to the court because they are unable themselves to make the decision.
Accordingly, the Mariana Independent Directors have unanimously approved the Combination and intend to recommend that Mariana Shareholders vote in favour of the Scheme at the Guernsey Court Meeting and the resolutions to be proposed at the General Meeting as they have irrevocably undertaken to do in respect of their own beneficial holdings of, in aggregate, 905,050 Mariana Shares representing approximately 0.71 per cent.
Further appeals above the Guernsey Court of Appeal lie to the Judicial Committee of the Privy Council, with leave from either the Guernsey Court of Appeal or the Judicial Committee of the Privy Counsel.
However, if the matter involves issues which can only be decided on properly by a Guernsey Court then the Royal Court is more likely to claim jurisdiction.
The Scheme will become Effective at the time it is sanctioned by the Guernsey Court at the Guernsey Court Hearing.
The Mariana Independent Directors have irrevocably undertaken to Sandstorm to vote in favour of the Scheme at the Guernsey Court Meeting and the resolutions to be proposed at the General Meeting in respect of, in aggregate, 905,050 Mariana Shares representing approximately 0.71 per cent.