Source: All England Reporter
Publisher Citation: [2002] All ER (D) 474 (Jul)
Court: Chancery Division
Judge:

Anthony Mann QC sitting as a deputy judge of the High Court

Representation Michael Green (instructed by the Treasury Solicitor) for the Secretary of State.
  Jonathan Lopian (instructed by Cuff Roberts & Co) for the respondents.
Judgment Dates: 31 July 2002

Catchwords

Company - Winding up - Public interest petition - Support advertising - Whether advertisers misled - Whether just and equitable to wind up companies - .

The Case

The companies traded on the back of a misunderstanding of advertisers as to the nature and destination of the moneys they were paying. It was misleading and was known to and intended by the directors. The court would therefore wind up two of the companies on public interest grounds.

Practice Areas

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