Read the full judgment text of CACV 000208/2008 on BabelCite. This Court of Appeal judgment was delivered on 25 August 2008.
1. This is an application for stay pending appeal. The history of the matter is that this is an action which is somewhat unusual. There is what is alleged to have been a dissipation of the Plaintiff’s assets by three of its former directors, one of whom at least is under prosecution at the moment in Taiwan. The Plaintiff itself is of no mean size. There is evidence that it has some 300,000 shareholders. What is alleged to have happened is that its assets were taken away, unbeknownst to the
Cites 1 case