21 Feb 2007
FOCUS 2000 LIMITED AND ANOR V WALTON LESLIE BEANLAND AND ORS HC AK CIV 2007-404-000598
- Citation
- openlaw-37e856df_e973_40bb_af9d_fe331cb78526.pdf
- Court
- High Court
The court granted an undertaking to preserve the endowment fund pending resolution of the substantive proceedings and held that the sixth and seventh defendants, as trustees, are entitled in the interim to have their legal costs paid from the fund, while the first to third and fifth defendants (claims against them being personal in nature as directors) are not entitled to access the fund for their legal costs at this stage.