22nd November 2018


Misra Ventures Limited v LDX International Group LLP

On 22 November 2018 Lord Justice Newey and Sir Timothy Lloyd allowed Misra Ventures Limited’s appeal against an injunction restraining it from petitioning to wind up LDX International Group LLP. The injunction had been granted on the basis of a £2.8m cross-claim which LDX had asserted in an application before David Stone sitting as a Deputy High Court Judge [2018] EWHC 275 (Ch).

The Court of Appeal confirmed that whilst a Court hearing an application for an injunction is not to perform a mini-trial, the Court must nevertheless scrutinise the evidence to assess whether or not the cross-claim is of real substance: Re a Company 006685 [1997] 1 BCLC 639. Their Lordships agreed with Simon’s submission that, on a proper analysis, the evidence of the alleged cross claim was insufficient.

Register for updates

Subscribe to our regular newsletters, bulletins and case updates relating to our core areas of expertise.

Register

Would you like to
 know more?

For help and advice talk to a member of our clerking team. They can advise on the best options for your matter.

Call: +44 (0) 20 7842 5555

  • This field is for validation purposes and should be left unchanged.

Search

Shortlist close
Title Type CV Email

Remove All

Download


Click here to email this list.