Core (UK) Limited v Benjamin Puncher & Anor
BP and AP have a real prospect of achieving at trial a result in which they are not required to make payment of the amount for which summary judgment is claimed, due to overlapping issues with the unfair prejudice petition and buy-out proceedings. Summary judgment is refused.
- Parties
- Claimant: Core (UK) Limited; First Defendant: Benjamin Puncher; Second Defendant: Ara Puncher
- Jurisdiction
- England and Wales
- Judgment Date
- 31 July 2025
- Procedural Posture
- Civil / Summary Judgment Application
- Outcome
- summary judgment application dismissed
- Legal Topics
- Director's Duties, Fiduciary Duty, Dishonest Assistance, Summary Judgment, Unfair Prejudice, Remuneration, Company Loans
Case Brief
Summary, issues, holding and outcome
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Parties
Core (UK) Limited
Claimant
Benjamin Puncher
First Defendant
Ara Puncher
Second Defendant
Procedural Posture
Civil / Summary Judgment Application
Legal Issues
- 1 Whether summary judgment should be granted against Benjamin Puncher for admitted payments and loan
- 2 Whether informal arrangements among shareholders justify the payments
- 3 Whether payments to directors without proper authorisation are lawful
Ratio Decidendi
BP and AP have a real prospect of achieving at trial a result in which they are not required to make payment of the amount for which summary judgment is claimed, due to overlapping issues with the unfair prejudice petition and buy-out proceedings. Summary judgment is refused.
Court Disposition
summary judgment application dismissed
Orders
- Summary judgment application against Benjamin Puncher is dismissed.
Full Case Text
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