Yodel Delivery Network Ltd v Corlett & Ors [2025] EWHC 1435 (Ch) (11 June 2025)

Yodel Delivery Network Ltd v Corlett & Ors [2025] EWHC 1435 (Ch) (11 June 2025)

The application for an interim injunction fails because damages would be an adequate remedy for Shift and Corja, and the cross-undertaking in damages offered is inadequate due to lack of assets. There is a serious issue to be tried on the Warrant Claim, but the balance of convenience favours Yodel. Permission is granted for Corja to amend its claim to bring the Warrant Claim. The trial of the Warrant Claim is to be expedited and determined as a preliminary issue.

Citation
[2025] EWHC 1435 (Ch)
Parties
Claimant: Yodel Delivery Network Limited; First Defendant: Jacob Corlett; Second Defendant: YDLGP Limited; Third Defendant: Shift Global Holdings Limited; Fourth Defendant: Gregory Crane Limited; Third Party: Michael John Hancox; Fourth Party: Corja Holdings Limited; Fifth Party: Judge Logistics Limited
Jurisdiction
England and Wales
Judgment Date
11 June 2025
Procedural Posture
Commercial Chancery Claim (part 7) With Part 20 Additional Claims / Interlocutory Applications (injunction, Amendments, Expedition, Preliminary Issue)
Outcome
Injunction application dismissed; permission to amend granted; trial of Warrant Claim to be expedited and tried as a preliminary issue; directions for security for costs application to be agreed.
Legal Topics
Interim Injunctions, Share Warrants, Director's Duties, Ratification of Director Acts, Expedition of Trial, Security for Costs, Interpretation of Contract Conditions
Company Law Contract Law Civil Procedure Interim Injunctions Share Warrants Director's Duties Ratification of Director Acts Expedition of Trial +2 more

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Parties

Yodel Delivery Network Limited

Claimant

Jacob Corlett

First Defendant

YDLGP Limited

Second Defendant

Shift Global Holdings Limited

Third Defendant

Gregory Crane Limited

Fourth Defendant

Michael John Hancox

Third Party

Corja Holdings Limited

Fourth Party

Judge Logistics Limited

Fifth Party

Procedural Posture

Commercial Chancery Claim (part 7) With Part 20 Additional Claims / Interlocutory Applications (injunction, Amendments, Expedition, Preliminary Issue)

Legal Issues

  1. 1 Whether interim injunctive relief should be granted to restrain Yodel from transforming its business pending trial of the Warrant Claim
  2. 2 Whether Corja Holdings Limited should be permitted to amend its claim to bring the Warrant Claim in its own name
  3. 3 Whether the Warrant Claim should be determined as a preliminary issue and expedited

Ratio Decidendi

The application for an interim injunction fails because damages would be an adequate remedy for Shift and Corja, and the cross-undertaking in damages offered is inadequate due to lack of assets. There is a serious issue to be tried on the Warrant Claim, but the balance of convenience favours Yodel. Permission is granted for Corja to amend its claim to bring the Warrant Claim. The trial of the Warrant Claim is to be expedited and determined as a preliminary issue.

Court Disposition

Injunction application dismissed; permission to amend granted; trial of Warrant Claim to be expedited and tried as a preliminary issue; directions for security for costs application to be agreed.

Orders

  • Injunction application by Shift and Corja dismissed
  • Permission granted to Corja Holdings Limited to amend its claim to bring the Warrant Claim