|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 46 (Jun)|
|Neutral Citation:|| EWHC 1480 (Ch)|
|Representation||Robert Anderson QC and Tom Richards (instructed by Jones Day) for the claimants.|
|James Aldridge (instructed by Stephenson Harwood) for the second and fourth to seventh defendants.|
|The first, ninth and tenth defendants appeared in person.|
|Judgment Dates:||30 May 2012|
Company - Director - Duty - Fiduciary duty - Breach of fiduciary duty - First claimant company advising and managing hedge fund - First claimant making payments, transfers and loan - First claimant engaging in swaps with related company - Hedge fund being unable to meet redemption requests - Hedge fund and first claimant going into liquidation - First claimant and second claimant liquidator seeking relief - Whether first defendant director being liable for fraud, payments, loan and personal transfers - Whether second defendant director being liable for negligently permitting fraud - Whether ninth defendant being liable for negligently permitting fraud, fraud and just and equitable contribution - Whether tenth defendant being liable for dishonestly assisting fraud and negligently failing to act - Whether third defendant being liable for receipt of transfers - Whether first, second, ninth and tenth defendants being liable for their salary, bonuses and other benefits - , - , .