Arbitral Digest

Matter

In the Matter of BPGIC Holdings (Grand Court of the Cayman Islands, FSD 248 of 2023)

  1. 20 November 2023Cayman Islands

    20 November 2023Cayman Islands

    Ruling on Preliminary Issue of the Grand Court of the Cayman Islands, Financial Services Division, in FSD 248 of 2023 dated 20 November 2023

    Grand Court of the Cayman Islands, Financial Services Division

    Case no.
    FSD 248 of 2023 (MRHCJ)
    Citation
    Grand Court of the Cayman Islands, Financial Services Division, Ruling on Preliminary Issue of 20 November 2023, FSD 248 of 2023 (MRHCJ)
    Decision summary
    The Grand Court of the Cayman Islands held that it should determine whether the petition debt was genuinely disputed on substantial grounds before staying or dismissing the winding-up petition in favour of arbitration, and directed counsel to agree a date for the resumed hearing of the company's application to dismiss the petition.

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In the Matter of BPGIC Holdings (Grand Court of the Cayman Islands, FSD 248 of 2023) · Matter