[2022]GRC041 - JJW Hotels & Resorts Holding Inc. v Rhodes, Harris and JJW Limited (in compulsory liquidation)

View printable version

Cross applications for summary judgement regarding validity of an intercompany Declaration of Trust. Requirements for summary judgment considered, including effect of “non admission” as contrasted with “denial” in pleadings. Whether voluntary declaration of trust comprising a “distribution” of company assets, and the effects of failure to certify company’s solvency at the material time (see ss 301-5 of Companies (Guernsey) Law 2008).