Worldspreads Ltd (in special administration) v Foley

Company – Director. The Commercial Court allowed a monetary claim by the claimant company, against the defendant the former CEO of the claimant, in respect of requests by him for payment. In so doing it dismissed the defendant's defence, which depended on there having been, at the dates of each request by him for a payment, an amount due, or to become due, to him in respect of salary and/or expenses.

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