Summary On the evidence, a share transfer to recompense the recipient for introducing investment into a property development project had been agreed at a discounted price, not for free. Facts The claimant claimed for payment of the price of shares transferred to the first defendant company, under an agreement with...
Summary Two Russian defendants to proceedings alleging unlawful means conspiracy established that a judge had been wrong to find that England was the appropriate forum for resolving the dispute. Although the proceedings concerned a loan governed by English law, the starting point for deciding forum was the place of commission...
Summary A court had erred in granting summary judgment on a former shareholder's claim for fraudulent misrepresentation in the valuation and sale of his shares, as it was open to him to rely upon post-sale transactions to infer that at some earlier point in time, the other shareholders had planned...
Summary A unilateral notice which had been registered against the title to a property could remain on the register if the party who had registered it provided a fortified cross-undertaking in damages in the sum of £5 million. Facts The claimant vendor applied for an order requiring the defendant purchaser to...
Summary In a claim concerning alleged bribery and corruption, a confidentiality club was extended to include an officer of the claimant, which was a sovereign wealth fund in Libya, who had been on a committee investigating corruption. His knowledge of the authority's trades, employees and the people in power at...
Summary Proceedings concerning the trustees of a company limited by guarantee that was a registered charity were charity proceedings under the Charities Act 2011 s.115(2) that required permission from the Charity Commission or the court. The proceedings were stayed and an interim injunction preventing a trustee election was continued pending a...
Summary The court considered applications under CPR r.31.22 and r.32.12 for permission for the collateral use of documents disclosed and witness statements served in proceedings arising out of an investigation by the Serious Fraud Office. It observed that the public interest was against the collateral use of documents forming part...
Summary The court refused to grant an interim order for delivery up of various valuable items which had been seized by court enforcement officers pursuant to a writ of delivery. The claimants had not established that there was a serious issue to be tried. Furthermore, they could not assert that...
Summary Where a lease had been assigned by a tenant in breach of covenant, a re-assignment of the lease back to the original tenant, together with the guarantor of the original tenant's obligations giving a fresh guarantee, would not be invalidated by the Landlord and Tenant (Covenants) Act 1995 s.25 as...