Illiquidx Ltd v Altana Wealth Ltd

Illiquidx Ltd v Altana Wealth Ltd

The proposed amendments to the Particulars of Claim fail to adequately particularise the confidential information or trade secrets relied upon, and the wide-ranging allegations of misuse do not amount to a claim with real prospects of success. The amendments are not permitted except for those clarifying history,...

Source-derived case information.

Parties
Claimant: Illiquidx Limited; Defendant: Altana Wealth Limited; Defendant: Lee Robinson; Defendant: Steffen Kastner; Defendant: Brevent Advisory Limited
Jurisdiction
England and Wales
Judgment Date
19 March 2021
Procedural Posture
Intellectual Property / Application for Permission to Amend Particulars of Claim
Outcome
Application for permission to amend Particulars of Claim granted in part; amendments to paragraphs 18, 28, 28A, ACA1, ACA5 not permitted.
Legal Topics
Breach of Confidence, Trade Secrets, Copyright Infringement, Contractual Obligations, Amendment of Pleadings
Intellectual Property Contract Equity Breach of Confidence Trade Secrets Copyright Infringement Contractual Obligations Amendment of Pleadings

Source-derived case record

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 4 Authorities cited 12 Party arguments 2 Amounts and remedies 1
Sign in to unlock

Parties

Illiquidx Limited

Claimant

Altana Wealth Limited

Defendant

Lee Robinson

Defendant

Steffen Kastner

Defendant

Brevent Advisory Limited

Defendant

Procedural Posture

Intellectual Property / Application for Permission to Amend Particulars of Claim

Legal Issues

  1. 1 Whether the proposed amendments to the Particulars of Claim adequately particularise confidential information or trade secrets
  2. 2 Whether the amendments plead a claim with real prospects of success
  3. 3 Whether the amendments constitute an abuse of process

Ratio Decidendi

The proposed amendments to the Particulars of Claim fail to adequately particularise the confidential information or trade secrets relied upon, and the wide-ranging allegations of misuse do not amount to a claim with real prospects of success. The amendments are not permitted except for those clarifying history, discussions, and copyright, subject to agreed wording.

Court Disposition

Application for permission to amend Particulars of Claim granted in part; amendments to paragraphs 18, 28, 28A, ACA1, ACA5 not permitted.

Orders

  • Permission granted for proposed amendments except paragraphs 18, 28, 28A of the APOC and annexing of ACA1 and ACA5.
  • If parties are unable to agree a form of order, a consequentials hearing will be listed.