The Cayman Islands Grand Court recently delivered its judgment in Re Shinsun Holdings (Group) Co., Ltd. FSD 192 of 2022 (DDJ) (21 April 2023) (unreported) (the “Shinsun Judgment”) in.
A judge sentenced a businessman to two years in prison in his absence on Friday after he made "repeated and cynical" attempts to thwart a court order designed to stop him trying to seize control of a mortgage portfolio company.
A mortgage portfolio firm urged a court on Wednesday to find a man accused of trying to take over the company guilty of contempt of court after he allegedly violated an injunction ordering him to stop interfering with the business.