[2025] EWHC 1722 (IPEC)

Claim No. IP-2022-000077

Royal Courts of Justice, Rolls Building

Fetter Lane, London, EC4A 1NL

Before:

RECORDER AMANDA MICHAELS

Between:

WISE PAYMENTS LIMITED

(formerly TRANSFERWISE LIMITED)

Claimant

- and -

(1) WITH WISE LIMITED

(2) SIMON PAUL HILLS

(3) JAMES MATTHEW ORTON

(4) DANIEL PHILIP RICHARDS

Defendants

-and-

(1) WISE PLC

(2) KRISTO KÄÄRMANN

(3) TAAVET HINRIKUS

Third to Fifth Parties

PHILIP ROBERTS KC, GUY HOLLINGWORTH (instructed by Bird & Bird LLP) and TRISTAN SHERLICKER of Bird & Bird LLP (written submissions only) for the Claimant and the Third to Fifth Parties

ANDREW NORRIS KC and DANIEL SELMI (instructed by Fieldfisher LLP) for the Defendants

Hearing dates: 14, 15 and 16 May 2025

APPROVED JUDGMENT

This judgment was handed down by the Court remotely by circulation to the parties' representatives by email and release to The National Archives. The date and time for hand-down is deemed to be 10:30 on 11 July 2025.

Miss Recorder Amanda Michaels: