Akcil & Ors v Koza Ltd & Anor (2019)

Judgment Date: 29 Jul 19

Summary The Supreme Court interpreted Regulation 1215/2012 art.24(2), which set out special jurisdictional rules on the governance of corporations. Where a party was able to bring one claim within art.24(2), that party was not permitted to add on another claim which was conceptually distinct if the claim was not inextricably bound...

(1) Koza Ltd (2) Hamdi Akin Ipek v Mustafa Akcil & 5 Ors (2019)

Judgment Date: 23 May 19

Summary The Court of Appeal summarised when expenditure could be said to be in the "ordinary and proper course of business" so as to bring it within the scope of an undertaking not to dispose of company assets save for that purpose. Where a sole director was a vital part...