Mr Smith
Mr Smith
Mr Steven Smith is a chartered accountant and the sole executive director of CVS. Mr Smith is also a non-executive director of Audioboom. Prior to the events giving rise to these proceedings, CVS owned 3,697,602 shares in Audioboom (representing approximately 24 per cent of Audioboom’s issued share capital).
Mr Candy
Mr Nicholas Candy is a British businessman, luxury property developer and the primary beneficial owner of CVS.
- 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
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