Alleged failure by a company (‘NTL’) to pay the sum of US$1,203,099 to the claimant, a Ukrainian company, for a consignment of 1,028.29 metric tonnes of sunflower oil. The oil was delivered to a Ukrainian port, Berdyansk Commercial Port, by the claimant and then exported out of BCP by NTL. NTL was in the business of buying and selling commodities, principally sunflower seed oil and steel pipes. The claimant underwent an arbitration in Ukraine in respect of the cargo of oil against NTL, which is in liquidation, but now sues a director (the second defendant) and shareholders (both defendants) of NTL directly in fraud. The claimant says the first defendant is a shadow or de facto director of NTL.
Judges:
Proudman J
Citations:
[2017] EWHC 530 (Ch)
Links:
Jurisdiction:
England and Wales
Torts – Other, Contract
Updated: 24 March 2022; Ref: scu.581329