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Practice – Civil litigation. The main proceedings concerned the sale and disposal of the interests of the claimants and others in shares in one or more corporate entities which owned a football club, to purchasers connected with a well-known businessmen Bernie Ecclestone and another individual. The defendants had been retained and instructed by the claimants and others in relation to the transaction. The claimants sought relief from sanctions under CPR 3.9 in respect of its failure to serve notice on the defendants of the existence of funding arrangements. The Chancery Division, in allowing the application, held that, despite the need to encourage compliance, it was not just to withhold relief from sanction in the circumstances of the case.
Practice – Civil litigation. The main proceedings concerned the sale and disposal of the interests of the claimants and others in shares in one or more corporate entities which owned a football club, to purchasers connected with a well-known businessmen Bernie Ecclestone and another individual. The defendants had been retained and instructed by the claimants and others in relation to the transaction. The claimants sought relief from sanctions under CPR 3.9 in respect of its failure to serve notice on the defendants of the existence of funding arrangements. The Chancery Division, in allowing the application, held that, despite the need to encourage compliance, it was not just to withhold relief from sanction in the circumstances of the case.
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