ARABIAN OUD CO LTD v Revenue & Customs [2022] UKFTT 127 (TC) (11 April 2022)
Judgment Date: 11 Apr 22
Case concerning the creation of a floating charge, and its enforceability under Section 245 of the Insolvency Act 1986 (as case leader).
The Court of Appeal held that whilst the Judge below correctly identified the law he subsequently erred in applying it to the pleaded claim. The pleaded (disputed) personal conduct of the shareholder and directors (which largely related to steps taken in pursuit of the recovery of their costs of previous...
The appeal concerned the jurisdiction of the Courts of the British Virgin Islands to grant freezing orders in support of foreign proceedings, to permit service of an application claiming only freestanding freezing relief out of the jurisdiction, and to injunct third parties to the underlying proceedings against whom no substantive...
The Claimants, Steve Jones and Paul Cook (respectively, the band’s guitarist and drummer), were represented by Edmund Cullen QC, leading Edward Granger. The First Defendant, John Lydon (the band’s frontman, and professionally known as “Johnny Rotten”) was represented by Mark Cunningham QC (leading Amanda Michaels from Hogarth Chambers)....