DCC 36/2010
Background
The Claimant, an ex-Partner, filed their case against his former partners, and his ex-Company's liquidator.
The Claimant alleged that the liquidator and the partners had conspired to block the proper implementation of the liquidation and unwinding of the company, in a manner that affected their best interest.
The Claimant alleged that the Liquidator had failed to conduct their mandate properly by failing to adhere to the requirements set out under the parties' voluntary agreement to liquidate the company and that the liquidator had acted wrongly by allowing some former partners in acquiring certain assets of the company, by way of a public auction.
The Court of First Instance dismissed the Claimant's claim noting that no wrongdoing was observed.
The Court of Appeal further supported the Court of First Instance's decision.
Proceedings