Courtwood Holdings S.A. (a company registered and incorporated under the laws of Panama) v Woodley Properties and others

Practice – Pre-and post-judgment relief. The Chancery Division held, among other things, that it was appropriate to grant a poprietary injunction against a Jersey company (WPL), which had purchased land previously held by another company (SFPL), in which the claimant had invested. It held that there was a serious issue to be tried in respect of a claim that the property had been sold in breach of fiduciary duties, leaving SFPL's investors behind. Damages were not an adequate remedy and the balance of convenience was in SFPL's favour and its interest had to be protected until trial or further order.

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