Guernsey Judgment 12/2007 - Galaxy International Ltd v Ladbrokes PLC

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Companies (Guernsey) Laws 1994 to 1996 (Section 96(1) - application by Ladbrokes for winding up of Galaxy - application by Galaxy for stay pending determination of proceedings in England - not appropriate for Galaxy to seek to re-argue contractual issues already determined by the Royal Court on 7th February 2007 - application for stay refused - hearing of the winding-up application to proceed solely on the basis of the affidavits filed by the parties - winding-up application will involve issues to be decided by the Jurats