Ashworth v Newnote Ltd.

Ashworth v Newnote Ltd.

Permission for a second appeal is granted because the judge's summary determination of breach of fiduciary duty and the calculation of the admitted debt and cross-claims were not sufficiently justified, and there is a compelling reason to allow the appeal to proceed to ensure justice is done.

Parties
Appellant: Bryce Ashworth; Respondent: Newnote Limited
Jurisdiction
England and Wales
Judgment Date
07 March 2007
Procedural Posture
Civil Appeal / Permission to Appeal (second Appeal)
Outcome
permission to appeal granted; stay of bankruptcy proceedings and costs order
Legal Topics
Statutory Demand, Bankruptcy, Cross Claim, Summary Dismissal, Fiduciary Duties

Case Brief

Summary, issues, holding and outcome

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Parties

Bryce Ashworth

Appellant

Newnote Limited

Respondent

Procedural Posture

Civil Appeal / Permission to Appeal (second Appeal)

  1. 1 Whether the judge erred in refusing to set aside the statutory demand in light of the applicant's cross-claims
  2. 2 Whether the judge was correct to summarily determine breach of fiduciary duty justifying summary dismissal
  3. 3 Whether there was a compelling reason to grant permission for a second appeal

Ratio Decidendi

Permission for a second appeal is granted because the judge's summary determination of breach of fiduciary duty and the calculation of the admitted debt and cross-claims were not sufficiently justified, and there is a compelling reason to allow the appeal to proceed to ensure justice is done.

Court Disposition

permission to appeal granted; stay of bankruptcy proceedings and costs order

Orders

  • Permission for a second appeal granted.
  • Stay of payment of £11,462 on account of costs until after the hearing of the appeal.