Carey Street Investments
Judgment Date: 19 Feb 23
In Transworld Payment Solutions UK Ltd (In Liquidation) v First Curacao International Bank NV [2022] EWHC 2742 (Ch), Mr Justice Freedman dismissed challenges by the Defendants to the jurisdiction of the court and/or seeking a stay of the proceedings on forum non-conveniens grounds. The Claimant (“TWPS”) was a company that provided...
Following his ruling that his failure to provide the minority with the Company’s financial statements as required by the Company’s articles constituted unfair prejudice, Leon J had ordered that the majority shareholder buy the shares of the minority. The Eastern Caribbean Court of Appeal upheld his finding of...