![CL-2022-000367 - [2025] EWHC 2877 (Comm)](https://backend.juristeca.com/files/emisores/logo_WAai98v.png){kind=logo}
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Neutral Citation Number: [2025] EWHC 2877 (Comm)
Case No: CL-2022-000367
IN THE HIGH COURT OF JUSTICE
BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
COMMERCIAL COURT (KBD)
Royal Courts of Justice, Rolls Building
Fetter Lane, London, EC4A 1NL
Date: 5 November 2025
Before :
MR JUSTICE BRIGHT
Between :
Candy Ventures SARL | Claimant |
- and - | |
(1) Aaqua BV (2) Robert Bonnier | Defendants |
Jonathan Nash KC and Ian McDonald (instructed by Grosvenor Law) for the Claimant (CVS)
The First Defendant (Aaqua) was not represented
The Second Defendant (Mr Bonnier) represented himself
Hearing dates: 7, 8, 9 October 2025
JUDGMENT
Mr Justice Bright:
- Heading
- Introduction
- CVS’s witnesses
- Mr Smith
- Mr McQuade
- Mr Sargent
- Mr Foy
- Mr Hendren
- The facts
- Procedural history
- The Debarring Order
- Mr Bonnier’s Article 6 rights
- Mr Joel Hogarth
- Standard of Proof
- CVS’s case
- The Honest Belief in Investment Representation
- The Conditions Precedent Representation
- The Negotiations Representation
- Falsity
- Knowledge
- Intention
- Mr Bonnier’s intention in light of Aaqua’s financing
- The Aaqua App’s lack of functionality
- Reliance
- The Defendants’ case
- The Defendants’ submissions on Intention and the contractual provisions
- Estoppel
- Intention
- Summary of findings on liability
- Quantum
- Mitigation of loss
- Conclusions