Summary The Financial Services Authority had jurisdiction to petition for the winding up of a company that operated a landbanking scheme because that scheme constituted a collective investment scheme within the meaning of the Financial Services and Markets Act 2000 s.235, and the company had therefore been carrying on a regulated...

Summary The court was required to determine the validity and effectiveness of a number of contracts between companies through which two businessmen had managed their financial affairs. Facts The claimant companies (S and D) claimed damages for breach of contract from the defendants (T, E and M). The dispute arose...

Summary Although various warranties included in a share sale agreement did not constitute representations and there had therefore been no misrepresentation by the sellers of the shares in the company, the inclusion of inappropriate amounts in the company accounts as turnover gave rise to breaches of the warranties. Facts The...

Summary A judge had not erred in refusing to recuse himself as trial judge following his finding of contempt against a defendant, as there was no real possibility of bias and the defendant's failure to make a recusal application earlier in the proceedings had been an unequivocal, informed and voluntary...

Summary A limited liability partnership that had suffered loss as a result of a valuation company's alleged negligent advice on a property's value was allowed to provide draft amended particulars of claim to include a claim for the actual net loss that it had suffered. Although there was no diminution...

Summary A judge had adopted the correct approach when considering the evidence as a whole in determining the intentions of the parties in relation to the disputed beneficial ownership of two commercial properties. Facts The second appellant businessman (L) appealed against a decision ([2011] EWHC 2017 (Ch)) that the first respondent (W)...

Summary The obvious natural forum for a claim by a Russian company against a connected company's former employee said to have been involved in bribery was Russia, with the result that it would be appropriate to set aside an order granting the claimant permission to serve proceedings out of the...

Summary A statement of claim was struck out as it did not disclose any claim, or any vestige of a claim, and it was totally without merit. Facts The court was required to consider whether default judgments obtained by the respondent (M) ought to be set aside. Specific applicant defendants ...

Summary The interests of justice required a creditor, which had obtained security over aircraft in Swiss proceedings, to be permitted to obtain copies of the evidence filed on an application for summary judgment by a mortgagee of the aircraft which claimed to be entitled to declarations that its mortgages had...