Creditors of Harlequin Resorts (St. Lucia) Ltd. v Harlequin Resorts (St. Lucia) Ltd. (Saint Lucia High Court Claim No. SLUHCM2016/0011)

Procedural record

1. 30 June 2017Saint Lucia

   30 June 2017Saint Lucia

   Judgment of the Eastern Caribbean Supreme Court, High Court of Justice, Saint Lucia, Commercial Division in Claim No. SLUHCM2016/0011 dated 30 June 2017

   Eastern Caribbean Supreme Court, High Court of Justice, Saint Lucia, Commercial Division

   Case no.

   SLUHCM2016/0011

   Decision summary

   The court ordered the compulsory winding up of Harlequin Resorts (St. Lucia) Ltd. after finding that the company was balance-sheet insolvent and that its members' voluntary winding up should not displace the creditors' petition. Brian Glasgow and Craig Lawrence Waterman of KPMG were appointed joint liquidators, and costs were awarded to the petitioners from the liquidation estate.

   Participants

   Creditors of Harlequin Resorts (St. Lucia) Ltd.

   Representative

   Judith Anderson (For: Creditors of Harlequin Resorts (St. Lucia) Ltd.)

   Representative

   Anthony Clements (For: Creditors of Harlequin Resorts (St. Lucia) Ltd.)

   Representative

   Lesley Clements (For: Creditors of Harlequin Resorts (St. Lucia) Ltd.)

   Representative

   Renee St Rose (For: Creditors of Harlequin Resorts (St. Lucia) Ltd. · Financial Services Compensation Scheme Limited)

   Harlequin Resorts (St. Lucia) Ltd.

   Representative

   Deale Lee (For: Harlequin Resorts (St. Lucia) Ltd.)

   Financial Services Compensation Scheme Limited

   Representative

   Renee St Rose (For: Creditors of Harlequin Resorts (St. Lucia) Ltd. · Financial Services Compensation Scheme Limited)

   Harlequin Property (SVG) Limited

   Representative

   Garth Patterson (For: Harlequin Property (SVG) Limited)

   Representative

   Mark Maragh (For: Harlequin Property (SVG) Limited)

   Appeltjie Properties Limited

   Representative

   Natalie Augustin (For: Appeltjie Properties Limited)

   C.O. Williams Construction (St Lucia) Limited

   Eastern Caribbean Supreme Court, High Court of Justice, Saint Lucia, Commercial Division

   Judge

   Cadie St Rose-Albertini

   Other

   Witness

   Martin Meredith

   Authorities cited

   13

   • Companies Act Cap 13.01 of the Revised Laws of Saint Lucia, 2013
     statute
   • Atkin's Court Forms, Volume 9 (1) (2) (3) – Procedural Tables
     academic
   • Egon Romay Associates Limited v Leading Guides International Limited ([1997] Lexis Citation 4124)
     case-law
   • Re Surplus Properties (Hudderfields) Ltd. ([1984] BCLC 89)
     case-law
   • Re Zinotty Properties Ltd ([1984] 3 All ER 754)
     case-law
   • Australian Securities and Investment Commission v Bikurra Investments Pty Ltd ([2016] FCA 371)
     case-law
   • Re Nuhan Ltd ((1980) 5 ACLR 69)
     case-law
   • Doffman & Isaacs v Wood & Hellard ([2011] EWHC 2008 (Ch))
     case-law
   • Deloitte & Touche AG v Johnson ([1999] BCC 992)
     case-law
   • Re Maxwell Communications Corporation plc ([1992] BCC 372)
     case-law
   • Parmalat Capital Finance Limited ([2009] 1 BCLC 274)
     case-law
   • O'Halloran Case ([2013] IEHC 362)
     case-law
   • Harlequin Property (SVG) Ltd and another v Wilkins Kennedy (a Firm) ([2016] EWHC 3233 (TCC))
     case-law