The judgment of Gill v. Kaur [2025] EWHC 156 (Comm)
In the judgment of Gill v. Kaur [2025] EWHC 156 (Comm), George Hayman KC and James Kinman represented the Claimants in obtaining the continuation of a proprietary injunction over the shares of an English company (owner of an airport in Texas and other real estate interests) in support of a derivative claim in Delaware. The injunction was granted pending steps being taken by Receivers appointed by the Delaware Court to enforce its judgment and recover the shares....
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Wholesale adoption by trial judge of one party’s submissions
What is the effect of a trial judge adopting wholesale the closing submissions of one party and largely ignoring the submissions of the other side? That was the issue considered by the Eastern Caribbean Court of Appeal (“ECCA”) in Rayley Company Ltd v Fong....
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Judgment handed down in Magomedov v PJSC Far-Eastern Shipping Company
David Mumford KC and Watson Pringle, instructed by Mark Hastings and Abigail Healey of Quillon Law, acted for PJSC Far-Eastern Shipping Company (FESCO) in its successful challenge to the English Court’s jurisdiction to hear the $13.8 billion claim brought against it in the Commercial Court by Ziyavudin Magomedov and others. FESCO succeeded in relation to all three limbs of the test: serious issue to be tried, gateways and forum. James Mitchell also appeared for FESCO at the consequentials hearing. ...
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Christmas Opening Hours 2024
Season's Greetings and a Happy New Year from all at Maitland During the festive period, our opening hours will be as follows:...
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Maitland announces new senior leadership roles
We are delighted to announce that from 16 December 2024 our senior clerking team will take on a new shape with enhanced roles....
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Andrew Twigger KC represented the successful respondent in the Supreme Court in LA Micro Group Inc v LA Micro Group (UK) Ltd [2024] UKSC 42
The Supreme Court upheld the Court of Appeal’s decision that a specifically enforceable oral agreement to transfer a beneficial interest in shares in a private company to the legal owner of those shares was effective to pass the relevant interest, without the need for any writing. ...
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Jonathan Allcock acts for successful defendant (and cross-claimant) in Dynamo Recoveries Limited & Emerdata Limited v Alexander Nix [2024] EWHC 3116 (Comm)
On 6 December 2024, the Commercial Court (Dame Clare Moulder DBE) handed down judgment in Dynamo Recoveries Limited & Emerdata Limited v Alexander Nix [2024] EWHC 3116 (Comm), after a two-week trial in October 2024....
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Christopher Parker KC Secures Ruling in Ming v JF Ming Inc in the BVI High Court
On 20 November 2024 the BVI High Court handed down judgment in Ming and others v JF Ming Inc, valuing the minority shareholders’ interest following the Privy Council’s reinstatement of Leon J’s buy out order. It is the first BVI authority on the issue of whether a discount should be applied for the shares being a minority holding. Christopher Parker KC successfully argued that a minority discount should not be applied in all the circumstances of the case. Mangatal J also agreed that the valuation evidence of the minority shareholders should be preferred as the buyer’s valuer had not followed International Valuation Standards. The value of the minority’s 3/17ths interest was therefore set at HKD342,948,353.29 with interest at 1% over HK best lending rate from the 31 March 2017, the valuation date. ...
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Rebecca Page acts for successful creditor in Re KRF Services (UK) Ltd [2024]
On 26 November 2024, Mr Andrew Twigger KC (sitting as a Deputy High Court Judge) handed down judgment in Re KRF Services (UK) Ltd [2024] EWHC 2978 in which he made an administration order under para. 12 of Schedule B1 to the Insolvency Act 1986 against a company deemed to be subject to sanctions under The Russia (Sanctions) (EU Exit) Regulations 2019 (‘Sanctions Regulations’). ...
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