Fraser & Ors v Oystertec Plc & Ors [2004] EWHC 2225 (Ch) (06 October 2004)
Permission to amend is granted for uncontested amendments and those relating to imputation of knowledge to Oystertec, conditional on payment into court of £35,000 for security for costs. Permission to amend the derivative claim by Easyrad is refused at this stage pending further court approval. Joinder of Mr Warburton as a defendant is refused to avoid jeopardising the trial date.
- Citation
- [2004] EWHC 2225 (Ch)
- Parties
- Claimant: Michael Bruce Fraser; Claimant: Agatha Shuk-Yee Wong-Fraser; Claimant: Davidson Tools Limited; Claimant: Sankey Product Developments Limited; Defendant: Oystertec PLC; Defendant: Paul Anthony Davidson; Defendant: Adrian Philip Binney; Defendant: Easyrad Limited; Proposed Defendant: Mr Warburton
- Jurisdiction
- England and Wales
- Judgment Date
- 06 October 2004
- Procedural Posture
- Chancery Division Civil Claim / Application for Permission to Amend Pleadings and Join Additional Defendant
- Outcome
- Application granted in part, refused in part, with conditions.
- Legal Topics
- Derivative Actions, Breach of Fiduciary Duty, Constructive Trusts, Knowing Receipt, Imputation of Knowledge, Amendment of Pleadings, Security for Costs
Case Brief
Summary, issues, holding and outcome
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Parties
Michael Bruce Fraser
Claimant
Agatha Shuk-Yee Wong-Fraser
Claimant
Davidson Tools Limited
Claimant
Sankey Product Developments Limited
Claimant
Oystertec PLC
Defendant
Paul Anthony Davidson
Defendant
Adrian Philip Binney
Defendant
Easyrad Limited
Defendant
Mr Warburton
Proposed Defendant
Procedural Posture
Chancery Division Civil Claim / Application for Permission to Amend Pleadings and Join Additional Defendant
Legal Issues
- 1 Whether permission should be granted to amend pleadings to add claims of knowing receipt and imputation of knowledge to Oystertec
- 2 Whether Mr Warburton should be joined as a defendant
- 3 Whether amendments to the derivative claim on behalf of Easyrad should be permitted
Ratio Decidendi
Permission to amend is granted for uncontested amendments and those relating to imputation of knowledge to Oystertec, conditional on payment into court of £35,000 for security for costs. Permission to amend the derivative claim by Easyrad is refused at this stage pending further court approval. Joinder of Mr Warburton as a defendant is refused to avoid jeopardising the trial date.
Court Disposition
Application granted in part, refused in part, with conditions.
Orders
- Permission granted for uncontested amendments and amendments to paragraph 7.
- Permission to amend the claim by Easyrad refused at this stage.
Full Case Text
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