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Kea Investments Ltd v Novatrust Ltd

BVIHC (Com) 2014/46; [2014] EWHC 4061 (Ch)

Court: Overseas
Ongoing: Yes
Philip Marshall QC, Prof Jonathan Harris QC, Paul Adams

A cross-border joint venture dispute involving proceedings in England and the BVI.  Kea commenced winding up proceedings in the BVI and successfully resisted a jurisdiction challenge before Bannister J in October 2014.  Novatrust commenced proceedings in England, including derivative claims and claims for declaratory relief, but Kea succeeded with a jurisdiction challenge before HHJ Pelling QC in December 2014.  The two judgments on jurisdiction are currently under appeal.

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