The WLR Daily case summaries
[2024] WLR(D) 519
Chancery Division
East Riding of Yorkshire Council as Administrating Authority of the East Riding Pension Fund v KMG SICAV-SIF-GB Strategic Land Fund
[2024] EWHC 2845 (Ch)
2024 Sept 4; Nov 8
Richard Smith J
Company— Winding up— Unregistered company— Petitioner investing in dedicated fund of investment company incorporated in Luxembourg— Fund’s shares liquidated with zero net asset value and no distribution made to investors— Petition in English Court for compulsory winding up of fund as unregistered company dismissed— Whether fund constituting “unregistered company”— Whether fund entity Parliament intending to be wound up as unregistered company—
Insolvency Act 1986 (c 45), ss 220(1), 221