Fraser & Ors v Oystertec Plc & Ors
Permission to amend pleadings to add claims of knowing receipt and imputation of knowledge against Oystertec is granted, conditional on payment into court for security for costs, except as regards claims by Easyrad which require further court permission for derivative proceedings. Joinder of Mr Warburton as defendant is refused to preserve the trial date. Issues of imputation of knowledge and knowing receipt are arguable and should be determined at trial.
- 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
- Civil / Ruling on Application to Amend Pleadings and Join Additional Defendant
- Outcome
- Application to amend allowed in part, refused in part; joinder of Mr Warburton refused; amendments allowed conditionally; derivative claim amendments by Easyrad deferred pending further permission.
- 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
Civil / Ruling on Application to Amend Pleadings and Join Additional Defendant
Legal Issues
- 1 Whether claimants should be permitted to amend pleadings to add claims of knowing receipt and imputation of knowledge against Oystertec
- 2 Whether Mr Warburton should be joined as a defendant
- 3 Whether amendments to derivative claims on behalf of Easyrad require further court permission
Ratio Decidendi
Permission to amend pleadings to add claims of knowing receipt and imputation of knowledge against Oystertec is granted, conditional on payment into court for security for costs, except as regards claims by Easyrad which require further court permission for derivative proceedings. Joinder of Mr Warburton as defendant is refused to preserve the trial date. Issues of imputation of knowledge and knowing receipt are arguable and should be determined at trial.
Court Disposition
Application to amend allowed in part, refused in part; joinder of Mr Warburton refused; amendments allowed conditionally; derivative claim amendments by Easyrad deferred pending further permission.
Orders
- Uncontested amendments and amendments to paragraph 7 allowed
- Amendments to claim by Easyrad disallowed at this stage
Full Case Text
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