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DAVID LASCELLES IN FURTHER COURT VICTORY ON £1.5BILLION CANDY BROTHERS CLAIM

On Friday, David Lascelles appeared before Michael Green Q.C. (sitting as a Judge of the High Court) on the Claimant’s application for an extension of time to appeal a July 2019 High Court judgment.

 Back in July, David had acted for Nick Candy and his companies in obtaining the strike out of the Claimant’s claims for £1.5billion arising from an alleged deal to sell Mr Candy’s penthouse at One Hyde Park.  David had also secured an order for indemnity costs with the Claimant being ordered to pay 100% of his clients’ costs of the entire proceedings within 21 days. 

 In responding to the Claimant’s application on Friday, David was instructed on behalf of the same clients as well as by Christian Candy and his companies, the former Prime Minister of Qatar and the property management company for One Hyde Park (by Grosvenor Law, Gowling WLG, Stephenson Harwood and Macfarlanes solicitors).

 At Friday’s hearing, the judge acceded to David’s clients’ request that the Claimant’s latest application be dismissed as totally without merit.  The Judge made a further indemnity costs order against the Claimant, ordered that David’s clients be paid 100% of the additional costs sought within 21 days and also made a civil restraint order against the Claimant.  

 In so ordering, the Judge noted the evidence which the Defendants’ legal team had uncovered of previous high-value meritless claims by the Claimant including against other high-profile persons as well as the Claimant’s previous conviction for theft. The Judge also indicated his agreement with the earlier High Court judgment that the Claimant’s underlying claims in these proceedings were without merit. 

David Lascelles specialises in litigation arising from high-value commercial contracts, the sale of shares and businesses, shareholder and LLP membership, commercial fraud, and director and senior employee relations.  He heads Littleton’s company law group and is its Commercial Bar Association representative.  David has been recognised for many years by both Chambers & Partners and Legal 500 independent guides to the legal professions as one of the UK’s leading barristers in both commercial and company law litigation.  He is 1 of only 6 juniors barristers in the UK to be recommended in both fields in the 2020 edition of both independent guides.

 

Posted: 03.12.2019 at 15:26
Tags:  Comments  Cases  Commercial Law
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