Peak Hotels and Resorts Ltd v Tarek Investments Ltd and other companies

Practice – Pre-trial or Post-judgment relief. A dispute arose between the parties to a joint venture for the acquisition of a collection of hotels and resorts and their business, concerning the removal of the founder of a hotel chain and the chief executive officer of a company incorporated for the purpose of the joint venture (the JVC). The Chancery Division granted the claimant an injunction to, among other things, restrain the JVC from taking steps to remove and/or exclude Z from his position of CEO of the JVC until 31 July 2014.

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