HT-2022-000254 - [2025] EWHC 105 (TCC)

Far ranging though the parties’ cases on the alternative relief were, it is not, in my judgment, necessary or appropriate to take any of these courses. Whether or not Click St Andrews has any beneficial interest in the properties – which for the reasons I have given I very much doubt – the VCT Charge takes priority. It follows that even if the properties fell within the scope of the freezing injunction that would be no benefit to the respondents. I therefore consider it appropriate that the injunction should be varied to clarify that the Receivers are permitted to deal with and dispose of the properties.

Submissions on costs were made in writing but not orally. The Order to be made in consequence of this judgment has been considered by the parties since the provision of a draft judgment and consequential matters including costs will be the subject matter of that Order.