Davenport v Cream Holdings Ltd


Reference:
[2012] EWHC 787 (Ch)

Date:
1st March 2012

Court:
High Court

Comment:

Court ordered indemnity costs against seller of company’s shares under pre-emption provisions on acknowledgment that newly instigated proceedings aimed at avoiding an expert determination of share value must be discontinued and were an abuse of process. This case is another chapter in the Cream Holdings Ltd v Davenport litigation: Cream Holdings Ltd v Davenport [2011] EWCA Civ 1287, [2011] All ER (D) 59 (Nov)

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