FBN Bank (Uk) Ltd v (1) Leaf Tobacco A Michailides Sa (2) Leaf Tobacco A Michailidea Ad (2) Mika Korca Sha (4) Alexandros Michailides (2017)

Judgment Date: 21 Nov 17

Summary A bank was granted summary judgment on its claim against a group of companies involved in the tobacco trade and their majority shareholder for the full unpaid principal amount of an outstanding loan plus interest. Facts The claimant bank applied for summary judgment against the defendants (D1-D4).D1...

(1) Koza Ltd (2) Hamdi Akin Ipek v Mustafa Akcil & 5 Ors (2017)

Judgment Date: 16 Nov 17

Summary Where a company whose control was disputed had undertaken not to dispose of funds "other than in the ordinary and proper course of business", expenditure for an arbitration by the company's alleged owner before the International Centre for Settlement of Investment Disputes was not within the undertaking. The expenditure...

Onur Air Tasimacilik AS v Goldtrail Travel Ltd (In Liquidation) (2017)

Judgment Date: 16 Nov 17

Summary The court refused to vary an order requiring an airline to make a £3.64 million payment into court as a condition of its appeal against the payment of the same to settle a judgment debt. The airline's chairman, who had made a very substantial investment in the company and continued...

Tech 21 (Uk) Ltd v Design Blue Ltd (2017)

Judgment Date: 31 Oct 17

Summary A claimant was allowed to amend its particulars of claim to include claims for revocation of a patent and to seek a declaration from the court. Facts The claimant applied to amend its particulars of claim.The defendant had agreed to supply to the claimant material made up of...

Ivey v Genting Casinos (T/A Crockfords Club) (2017)

Judgment Date: 25 Oct 17

Summary The subjective element of the test for dishonesty in R. v Ghosh (Deb Baran) [1982] Q.B. 1053 did not correctly represent the law and directions based on it should no longer be given. When dishonesty was in question, the fact-finding tribunal had first to ascertain the actual state...

Ivey v Genting Casinos (T/A Crockfords Club) (2017)

Judgment Date: 25 Oct 17

Summary The subjective element of the test for dishonesty in R. v Ghosh (Deb Baran) [1982] Q.B. 1053 did not correctly represent the law and directions based on it should no longer be given. When dishonesty was in question, the fact-finding tribunal had first to ascertain the actual state of the...

Metropolitan Housing Trust Ltd V RMC FH Co Ltd (2017)

Judgment Date: 24 Oct 17

Summary The release by the headlessee of a property to the developers of an adjoining site of the right of light appurtenant to the headlease would amount to an encroachment on or against the demised premises in breach of the terms of the headlease. Facts The headlessee of a property...

Burrows Investments Ltd v Ward Homes Ltd (2017)

Judgment Date: 20 Oct 17

Summary Where a sale agreement governing the sale of land for residential development restricted the manner in which the developer could dispose of the completed residential units with a view to protecting the seller's right to overage, the subsequent sale of five properties to a registered social housing provider as...

Clavis Liberty Fund 1 LP v Revenue & Customs Commissioners (2017)

Judgment Date: 19 Oct 17

Summary Where a limited liability partnership had engaged in a scheme under the Income and Corporation Taxes Act 1988 s.730 to generate losses which could be offset against its tax affairs elsewhere, HMRC were entitled to reduce those losses to nil because the transaction was an artificial arrangement and not part...