13 Jun 2012
BURTON V THOMPSON HC AK CIV 2012-404-1465
- Citation
- openlaw-e7ed1941_3084_4847_8b26_030099612738.pdf
- Court
- High Court
Leave to bring derivative proceedings was dismissed because a receiver had been validly appointed and may bring proceedings on behalf of the company; no interim injunction was granted on the corporate opportunity claim because of anti‑competitive effect, enforceability concerns and the balance of convenience; a limited preservation order was justified in respect of goods valued at US$15,657 acknowledged to be in respondent's possession, for 20 working days (extendable 20 working days if receiver files proceedings), conditioned on return or payment to the receiver; all other interim relief was…