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England and Wales decisions
Decisions matching the current search
Truewood Ltd, Re [2020] EWHC 2360 (Ch) (03 September 2020)
The High Court set aside a debarring judgment in insolvency misfeasance proceedings, finding invalid service and an arguable defence based on repayment or set-off.
Worldspreads Ltd v Foley [2014] EWHC 3382 (QB) (17 October 2014)
The High Court held that payments made to Conor Foley were loans, not salary or severance advances, and rejected set-off and implied-contract arguments.
Liquidators recovered unlawful director loan sums from two directors after alleged dividend offsets failed and later payments were treated as loans, not salary.
The High Court dismissed a fraud-based misfeasance claim against a company director, finding the pleaded allegations and evidence did not prove dishonesty.
Currencies Direct Ltd v Ellis [2002] EWCA Civ 779 (31 May 2002)
The Court of Appeal held that payments to a company director were remuneration for work done, not repayable loans, and dismissed the appeal and cross-appeal.
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