CL-2021-000649 - [2025] EWHC 1333 (Comm)

On 14 June 2024 VTBC issued an application for reverse summary judgment. That should have been heard in December 2024, but the Claimants were in funding difficulty and VTBC ultimately did not challenge an application for a delay of three months.

Although procedurally and factually the claim is highly complex, VTBC say that there is a simple issue: there is no case to go to trial against VTBC which can survive a summary judgment application. The Claimants in turn say that VTBC are seeking to have a mini- trial on contested evidence and the court cannot resolve this material on a summary judgment application. They also point out that the evidence available to them is limited and there is reason to believe that much more will come out if the matter proceeds to trial.