Blue Side Services SA & Ors v BMF Holdings Limited

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

  1. 1 Whether the claimants have standing or legal basis to direct the defendant as shareholder.
  2. 2 Whether the claimants acquired shares validly via Highbury Investments Limited.
  3. 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.