Interactive Technology Corporation Ltd v Ferster [2021] WTLR 561

Summer 2021 #183

Judgment was handed down following a trial of a claim against a former director for breach of fiduciary duty through unauthorised remuneration. The claim was found to be established in judgment given on 15 November 2016. On 19 December 2016 there was a hearing to deal with consequential matters including the terms of order. The order made provided for judgment for equitable compensation in respect of the unauthorised remuneration.

The claimant then applied for an interim payment. The defendant objected on the basis that it was far from certain that the claimant had suffered any lo...