Dalkilic and Pekin v Pekin and Paragon Property Investments Limited [2021] EWHC 219 (Ch)

On 8 February 2021 Mrs Justice Bacon handed down judgment in Dalkilic and Pekin v Pekin and Paragon Property Investments Limited [2021] EWHC 219 (Ch), a shareholder dispute concerning the ownership of a valuable manufacturing company, Paragon Quality Foods Limited.

The matter was heard in a four-week remote trial in late 2020. The Claimants were successful in their claims that they were the beneficial owners of 25% and 10% of the company respectively, based on events that took place in the 1990s and early 2000s. In addition to orders for the transfer of shares, the Claimants obtained orders for substantial payments in respect of dividends that had been declared over the years. The Defendants were also ordered to pay costs on the indemnity basis.

Bobby Friedman (led by Michael McParland QC) acted for the successful Claimants.

To download a copy of the judgment, please click here.