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Case study

The one with
too much trust and then too much loss…

Advised a co-director and 50% shareholder of a large property investment company in relation to allegations that his fellow shareholder and director had misappropriated and diverted funds for his own benefit unbeknown to the client.

Advised in relation to all aspects of the claim including unfair prejudice proceedings and breach of fiduciary duties.  The loss was alleged to be in the order of £1,000,000. Allegations were made by both parties which created risk as to ongoing litigation costs and likely recovery.

As a result, the parties agreed to mediate and avoid the cost of litigation so to find resolution.

  • Case Study
  • Sector
    Real Estate
  • Service
    Shareholder dispute

Contact details

Phone: 0121 796 4020

Email: hello@tenetlaw.co.uk

Fax: 0843 216 4240

Location

Tenet Compliance & Litigation Limited
Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP

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Tenet Compliance & Litigation Limited. Registered Office, Sterling House, 71 Francis Road, Edgbaston, Birmingham B16 8SP. Registered in England and Wales. Registered No: 09776405. Authorised and regulated by the Solicitors Regulation Authority. SRA Identification No. 626562.

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