Patrick Hughes v Martin Bellamy & Ors

Patrick Hughes v Martin Bellamy & Ors

Given the recent undisclosed sale of assets by the third defendant, the lack of disclosure to the claimant, and the ongoing factual disputes in the Isle of Man unfair prejudice proceedings, there is sufficient risk of dissipation to justify a short-term injunction to preserve the assets of the second and third defendants until the return date. The American Cyanamid test is satisfied, and, if necessary, the freezing order test is also met on the facts.

Parties
Applicant: Patrick Hughes; First Respondent: Martin Bellamy; Second Respondent: Pathfinder 1 Limited; Third Respondent: AI Pathfinder Inc Limited
Jurisdiction
England and Wales
Judgment Date
02 June 2026
Procedural Posture
Interlocutory Application / Application for Interim Injunction
Outcome
Interim injunction granted
Legal Topics
Interim Injunctions, Unfair Prejudice, Asset Preservation, Jurisdictional Support
Company Law Civil Procedure Interim Injunctions Unfair Prejudice Asset Preservation Jurisdictional Support

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Parties

Patrick Hughes

Applicant

Martin Bellamy

First Respondent

Pathfinder 1 Limited

Second Respondent

AI Pathfinder Inc Limited

Third Respondent

Procedural Posture

Interlocutory Application / Application for Interim Injunction

Legal Issues

  1. 1 Whether to grant a short-term injunction to preserve assets of the second and third defendants pending resolution of Isle of Man unfair prejudice proceedings
  2. 2 Whether there is a sufficient risk of dissipation of assets to justify injunctive relief
  3. 3 Whether the American Cyanamid test or freezing order principles apply

Ratio Decidendi

Given the recent undisclosed sale of assets by the third defendant, the lack of disclosure to the claimant, and the ongoing factual disputes in the Isle of Man unfair prejudice proceedings, there is sufficient risk of dissipation to justify a short-term injunction to preserve the assets of the second and third defendants until the return date. The American Cyanamid test is satisfied, and, if necessary, the freezing order test is also met on the facts.

Court Disposition

Interim injunction granted

Orders

  • Second and third defendants are restrained from disposing of or dealing with any of their assets, except for payment of legal expenses and other payments on 24 hours' written notice to the claimant, until the return date.
  • Cross-undertaking in damages by the claimant; fortification to be considered at the return date.