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Recent Cases
Committal to prison: Wang v Darby
Cryptocurrency, Civil fraud and asset recovery, Commercial disputes, Company law
Daniel Scott
Friday 26 July 2024
Insolvency, Commercial disputes, Company lawFriday 22 December 2023
This case involved a 7-day trial of an unfair prejudice petition, followed by a one-day quantum hearing. The petition was brought by minority shareholders in respect of two substantial property developments; at trial the Deputy Judge found numerous incidents of unfair prejudice, including a failure on behalf of the board to exercise valuable contractual rights held by the Company. Whilst the Company was heavily balance-sheet insolvent, the Deputy Judge granted a buy-out order in the Petitioners’ favour, on the basis that the Company be valued as if the unfairly prejudicial acts had not occurred, and, in addition, that part of the Company’s debt be ignored for the purposes of the buy-out order.
Jessica Brooke was instructed by Clintons and appeared for the successful Petitioners.
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Recent Cases
Cryptocurrency, Civil fraud and asset recovery, Commercial disputes, Company law
Daniel Scott
Friday 26 July 2024
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