The company had made loans to a company controlled by the defendant, but now sought repayment from the defendant personally.
Held: The claim succeeded. The loans had been requested by the defendant and used by the defendant to pay his pesonal debts. The defendants evidence was evidently false in several requests. The issues were governed by Russian law as to which the court received expert evidence. Correspondence from the defendant plainly gave personal promises as to discharge of the debts.
Leggatt J
[2013] EWHC 491 (QB)
Bailii
England and Wales
Contract, Company
Updated: 13 December 2021; Ref: scu.471562