Advanced Multi-Technology for Medical Industry & Ors v Uniserve Ltd [2023] EWHC 2147 (Ch) (22 August 2023)
Uniserve's implied terms claim against Maxitrac and Dr Stead constitutes a good arguable case and supports the freezing order; failure to disclose weaknesses in the express terms claim was a breach of the duty of full and frank disclosure but was not material enough to warrant discharge; delay in application does not justify discharge given ongoing risk of dissipation.
- Citation
- [2023] EWHC 2147 (Ch)
- Parties
- Claimant: Advanced Multi-Technology for Medical Industry; Claimant: Caramel Sales Ltd; Claimant: David Popeck; Defendant / Respondent: Uniserve Ltd; Third Party / First Applicant: Maxitrac Ltd; Fourth Party / Second Applicant: Dr Andrew Stead
- Jurisdiction
- England and Wales
- Judgment Date
- 22 August 2023
- Procedural Posture
- Application to Discharge Worldwide Freezing Order / Post Order, Rehearing on Discharge Application
- Outcome
- Application to discharge freezing order refused; order continued on current terms.
- Legal Topics
- Freezing Orders, Breach of Contract, Implied Terms, Full and Frank Disclosure, Delay in Application
Case Brief
Summary, issues, holding and outcome
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Parties
Advanced Multi-Technology for Medical Industry
Claimant
Caramel Sales Ltd
Claimant
David Popeck
Claimant
Uniserve Ltd
Defendant / Respondent
Maxitrac Ltd
Third Party / First Applicant
Dr Andrew Stead
Fourth Party / Second Applicant
Procedural Posture
Application to Discharge Worldwide Freezing Order / Post Order, Rehearing on Discharge Application
Legal Issues
- 1 Whether Uniserve has a good arguable case against Maxitrac and Dr Stead to justify the freezing order
- 2 Whether there was a breach of the duty of full and frank disclosure
- 3 Whether delay in applying to discharge the order affects relief
Ratio Decidendi
Uniserve's implied terms claim against Maxitrac and Dr Stead constitutes a good arguable case and supports the freezing order; failure to disclose weaknesses in the express terms claim was a breach of the duty of full and frank disclosure but was not material enough to warrant discharge; delay in application does not justify discharge given ongoing risk of dissipation.
Court Disposition
Application to discharge freezing order refused; order continued on current terms.
Orders
- Worldwide freezing order to remain in force up to £39 million.
- Costs issue reserved for further consideration.
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