Blue Side Services SA & Ors v BMF Holdings Limited
The claimants' case is legally unintelligible and hopeless; they have no standing or legal basis to direct the defendant as shareholder, did not validly acquire shares, and did not lawfully convene or vote at EGMs. The proceedings are abusive and fail to comply with court orders.
- Parties
- Claimant: Blue Side Services SA; Claimant: Cherry Services Limited; Claimant: Corelli Capital AG; Defendant: BMF Holdings Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 18 March 2022
- Procedural Posture
- Civil / Strike Out Application
- Outcome
- claim dismissed
- Legal Topics
- Strike Out, Abuse of Process, Shareholder Rights, Directors Appointment, Trusts, Adjournment, Costs
Case Brief
Summary, issues, holding and outcome
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Parties
Blue Side Services SA
Claimant
Cherry Services Limited
Claimant
Corelli Capital AG
Claimant
BMF Holdings Limited
Defendant
Procedural Posture
Civil / Strike Out Application
Legal Issues
- 1 Whether the claimants have standing or legal basis to direct the defendant as shareholder.
- 2 Whether the claimants acquired shares validly via Highbury Investments Limited.
- 3 Whether the claimants lawfully convened and passed resolutions at extraordinary general meetings.
Ratio Decidendi
The claimants' case is legally unintelligible and hopeless; they have no standing or legal basis to direct the defendant as shareholder, did not validly acquire shares, and did not lawfully convene or vote at EGMs. The proceedings are abusive and fail to comply with court orders.
Court Disposition
claim dismissed
Orders
- Claim dismissed.
- Claimants to pay Defendant's costs on indemnity basis.
Full Case Text
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