Loveridge v Loveridge
Court: Court of Appeal | Area of Law: CompanyThe Court of Appeal has handed down a second judgment in the case of Loveridge v Loveridge [2021] EWCA Civ 1697. Lance Ashworth KC and Dan McCourt Fritz KC (instructed by Stephen Rome and Georgia Morris at Thursfields Solicitors) were again successful.
The judgment contains an interesting discussion about the proper treatment of informal loan finance within family companies, the outer limits of the unfair prejudice jurisdiction under ss.994-996 of the Companies Act 2006, and on the costs consequences of abortive committal applications.