Advice was provided to directors of a company of a telecoms and internet services business in relation to allegations made against them by a housing association. It was alleged by the housing association that the company client had won the supply of telecom and internet services by inducing the head of procurement into favouring the company’s tender. The case involved advising the directors of the telecoms company to defend proceedings brought against them including challenging a freezing injunction against the company and its directors of more than £2m in value.
The freezing injunction was successfully opposed with the clients discharging the freezing injunction and obtaining a sizeable costs order. Our understanding of key arguments to be considered when challenging the freezing injunction, especially concerning whether there was risk of the directors of the clients dissipating (i.e.moving) their assets enabled the clients to succeed. This result led to an early resolution of the proceedings.