The Interim relief sought
The Interim relief sought
I do not propose to lengthen this judgment with the familiar principles applicable to the grant of the interim relief here. To the extent that it is necessary to refer to particular points, I do so below.
- Heading
- INTRODUCTION
- BACKGROUND
- THE LIQUIDATORS CASE IN SUMMARY
- Unlawful distributions
- Directors Duties
- The Interim relief sought
- THE ISSUES IN MORE DETAIL
- Injections of funds into the Company
- Payments out – The Alleged Diversions
- The position of the Second Respondent
- The position of the First Respondent
- FULL AND FRANK DISCLOSURE
- THE INTERIM RELIEF SOUGHT
- RISK OF DISSIPATION
- DELAY / THE ‘STABLE DOOR’ POINT
- ASSETS
- JUST AND CONVENIENT
- DISCLOSURE ORDER
- CROSS-UNDERTAKING IN DAMAGES
- Conclusions
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