Under BVI insolvency law a winding-up application must be determined within six months, a period which can be extended prospectively but not retrospectively. If time expires the winding-up application is by statute deemed dismissed. In a recent judgment, the BVI High Court (Wallbank J) decided what should be done when a winding-up application is deemed
Challenging the authority of a foreign company’s directors
The Court of Appeal has handed down judgment in a long-running dispute over the control of an English subsidiary, Koza Limited v. Koza Altin Isletmeleri AS  EWCA Civ 1284. Jonathan Crow KC successfully represented the Turkish parent company against a challenge on public policy grounds to the English court’s recognition of the Turkish directors’
Ben Lashmar awarded Clerk of the Year at the Legal 500 Bar Awards 2022
We are delighted to announce that Ben Lashmar won the award for Clerk of the Year 2022 at the Legal 500 Bar Awards, held on Wednesday 5th October. Congratulations Ben, thoroughly deserved!
High Court Judgment regarding sham and illusory trusts and transactions defrauding creditors
Judgment has today been handed down in Sahota v Sohal and Ors  EWHC 2459 (Ch). Karl Anderson represented the Second and Third Defendants, who successfully argued that two deeds of trust validly created an equitable interest in a London property in favour of the Third Defendant, and were not shams or illusory trusts. The judgment contains
Paul Greenwood appointed ICC Judge
We are delighted to announce that Paul Greenwood has been appointed as an Insolvency and Companies Court Judge effective from 11 October 2022, having been acting as a Deputy ICC Judge since 2020. Paul will be known as Insolvency and Companies Court Judge Greenwood. Further information on Paul’s appointment can be found on the judiciary
Commercial and Insolvency Litigation in the DIFC 2022
We are delighted to be publishing a new book entitled “Commercial and Insolvency Litigation in the DIFC 2022”. The book follows on from the success of last year’s publication “Litigating the consequences of Covid-19 in the DIFC” and has been authored by a large group of our members with extensive DIFC experience between them. The
In the Matter of Changyou.com Limited
The Cayman Islands Court of Appeal has handed down judgment In the Matter of Changyou.Com Limited dealing with the question whether minority shareholders are entitled to bring proceedings for court appraisal of the fair value of their shares in a short-form merger. Jonathan Crow KC represented the company. Click here for a copy of the
4 Stone Buildings are sponsors of the Legal 500 Disputes Summit, taking place in Dubai on Thursday 29th September 2022
As a leading Chambers in the Middle East, we are sponsors of the forthcoming Legal 500 Disputes Summit Middle East 2022.
Alastair Tomson successful in the DIFC Court of Appeal
Alastair Tomson has been successful in the DIFC Court of Appeal, with the dismissal of a long-running action against his client in Massun v Mousi & Others  DIFC CA 003. Click here for full details.
Members of Chambers are delighted to have received nominations for the Chambers and Partners UK Bar Awards 2022
Company/Insolvency Set of the Year, Commercial Litigation – Silk of the Year Jonathan Crow KC, Company/Insolvency – Junior of the Year Tiran Nersessian The winners will be announced at an Awards Ceremony on Thursday 17 November 2022.