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)
Legal Issues
- 1 Whether the judge erred in refusing to set aside the statutory demand in light of the applicant's cross-claims
- 2 Whether the judge was correct to summarily determine breach of fiduciary duty justifying summary dismissal
- 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.
Full Case Text
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