Re Heron International NV

JurisdictionEngland & Wales
CourtChancery Division
Judgment Date1994
Date1994
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73 cases
  • Indah Kiat International Finance Company B.v and Another
    • United Kingdom
    • Chancery Division
    • 12 February 2016
    ...information for them to make a reasonable judgment as to whether the scheme is in their commercial interest or not: see e.g. Re Heron International NV [1994] 1 BCLC 667 at 672g-h, and Residues Treatment & Trading Co Ltd v Southern Resources Ltd [1988] 14 ACLR 375 at 378, cited with approval......
  • All Scheme Ltd
    • United Kingdom
    • Chancery Division
    • 24 May 2021
    ...as to whether or not the scheme is in their interests” reflect existing case law. [57] So, for example, in Re Heron International NV [1994] 1 BCLC 667 at 672g-i, Nicholls V-C said, “The second principal head of complaint relates to the absence of sufficient information to enable a creditor ......
  • Sea Assets Ltd v Perusahaan Perseroan (Persero) PT Perusahaan Penerbangan Garuda Indonesia
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 7 November 2001
    ...the compromise or arrangement. The judge referred to the comments of Sir Donald Nicholls, Vice-Chancellor, in Re Heron International NV [1994] 1 BCLC 667 at 672 to the effect that what is needed in the Explanatory Statement is an explanation of how the Scheme affects the creditor commercial......
  • Ophir Energy Plc
    • United Kingdom
    • Chancery Division
    • 21 May 2019
    ...the scheme is in their interests or not, and hence how to vote: see e.g. Re Dorman Long & Co. Limited [1934] Ch 635 at 657; and Re Heron International [1994] 1 BCLC 667 at 672. The extent of the information required to be supplied will of course depend upon the facts of the particular cas......
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1 books & journal articles
  • Insolvency Law
    • Singapore
    • Singapore Academy of Law Annual Review Nbr. 2012, December 2012
    • 1 December 2012
    ...Appeal noted that such a principle of disclosure has taken firm root in other Commonwealth jurisdictions (see Re Heron International NV[1994] 1 BCLC 667; Corporate Administrations and Rescue Procedures (Ian Fletcher, John Higham & William Trower gen eds) (LexisNexis, 2nd Ed, 2004) at para 1......

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