Read the full judgment text of HCA 1/2008 on BabelCite. This High Court CFI judgment was delivered on 4 February 2008.
1. This has been a short-lived derivative action brought by the Plaintiffs on behalf of the 3 rd Defendant. They had obtained ex parte Mareva injunctions on 31 December last, prohibiting disposal by the 1 st and 2 nd Defendants of their assets worldwide. Last Friday, the 1 st February, had been set aside for the first two defendants to apply for, amongst other orders, the discharge of the injunction but on Thursday afternoon, the 31 January, the Plaintiffs served a Notice of Discontinuance on
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