Park v Cho & ors [2014] EWHC 55 (Ch)

Wills & Trusts Law Reports | March 2017 #167

In November 2007 the claimant stood for election as chairman of the Korean Residents Society (the ‘society’). He was unsuccessful and, the result of the election being disputed, commenced proceedings in the Queen’s Bench Division against the first and second named defendants acting on behalf of the society. The trial took place on 12 March 2008 at the conclusion of which Judge Mackie QC declared that the election had been conducted by the Election Committee in breach of the duties owed to the claimant, gave directions as to the conduct of a further election and ordered ...

Akers & ors v Samba Financial Group [2014] EWCA Civ 1516

Wills & Trusts Law Reports | July/August 2015 #151

The claimants appealed a decision to stay their claim on the ground of forum non conveniens.

The fourth claimant (C4) was a Cayman company and was massively insolvent, owing US$2.815bn plus interest to a syndicate of banks including the defendant (D). The first (C1), second (C2) and third claimant (C3) were the liquidators of C4. A winding up petition was presented to the Grand Court of the Cayman Islands on 30 July 2009, commencing the winding up of C4. On 18 September 2009, the winding up order was made.

The claim was brought by C1, C2 and C3 pursuant to s127 of the I...