![CL-2025-000010 and CL-2025-000091 - [2025] EWHC 1842 (Comm)](https://backend.juristeca.com/files/emisores/logo_WAai98v.png){kind=logo}
Heading
Royal Courts of Justice, Rolls Building
Fetter Lane, London, EC4A 1NL
Before :
MR JUSTICE FOXTON
Between :
J.P. MORGAN INTERNATIONAL FINANCE LIMITED | Claimant/ Part 20 Defendant |
- and - | |
WEREALIZE.COM LIMITED | Defendant/ Part 20 Claimant |
And Between :
(1) CHARALAMPOS KARONIS (2) DIMITRIOS MAVROGIANNIS (3) DIMITRIOS MICHALOGIANNAKIS (4) THEODOROS KATSAS | Part 8 Claimants |
- and - | |
J.P. MORGAN INTERNATIONAL FINANCE LIMITED | Part 8 Defendant |
Rosalind Phelps KC, Rupert Allen KC, Christopher Langley and Gillian Hughes (instructed by Freshfields LLP) for the Claimant / Defendant to Part 20 Defendantin
CL-2025-000010 and the Defendant in CL-2025-000091
Richard Lissack KC, Robert Weekes KC, Timothy Lau, Warren Fitt and Charles Redmond (instructed by Quinn Emanuel Urquhart & Sullivan UK LLP) for the for the Defendant / Part 20 Claimant in CL-2025-000010 and the Claimants in CL-2025-000091
Hearing dates: 24, 25 and 26 June 2025
Additional written submissions 3 and 7 July 2025
Draft to the parties: 10 July 2025
Approved Judgment
This judgment was handed down remotely at 2.30pm on Friday 18 July 2025 by circulation to the parties or their representatives by e-mail and by release to the National Archives.
Mr Justice Foxton :
- Heading
- Introduction
- THE BACKGROUND
- The Greek Proceedings
- The Commercial Court proceedings
- CLAIMS FOR FIRST PARTY CONTRACTUAL ASI RELIEF
- Clause 42 of the SHA
- Clause 33.3 and 38.5
- The Deed of Covenant executed by Mr Karonis
- QUASI-CONTRACTUAL ASI RELIEF
- ASI RELIEF ON THE THIRD PARTY CLAIM OBLIGATION BASIS
- ASI RELIEF PURSUANT TO THE VEXATIOUS AND OPPRESSIVE JURISDICTION
- The matters relied upon
- Subjective vexation and oppression
- Circumvention of the EJC
- The alleged lack of merit in the Greek Proceedings
- The alleged attempt to circumvent clause 33.1
- The remaining points
- Sufficient interest
- THE JURISDICTION AND DECLARATION ISSUES
- Service out of the claim to enforce the Clause 33 Contract
- Vexatious and oppressive ASI relief
- The claims for declarations
- Conclusions