By its decision dated 13 March 2017, the Takeover Appeal Board (TAB) has refused the appeal of Mr Dave King, Chairman of Rangers International Football Club (RIFC), against the Ruling of the Hearings Committee of the Takeover Panel, which ruled that, for the purposes of Rule 9 of the Takeover Code, Mr King was “acting in concert” with Mr George Letham and others when he and they acquired...
SDI Retail Services, a company in the Sports Direct group, has been given permission to continue its derivative claim against Rangers Football Club. The claim relates to Rangers' purported termination of its contract with Rangers Retail Limited, a company owned by Rangers and SDI that produces and sells Rangers replica kit and other products featuring Rangers' brands. SDI's claim, brought...
The High Court has dismissed an application to set aside an Order for the production of a document by an English non-party, BM Trada, under EU Regulation 1206/2001 (the Evidence Regulation). The document had been requested by the Spanish Court to assist it in determining civil proceedings. BM Trada claimed that by producing the document it would be giving up a trade secret. Senior Master Fontaine rejected...
Nicholas Strauss QC gave a lecture to members of Combar on 21st February on illegality following the decision of the Supreme Court in Patel v. Mirza. His more detailed views are set out in articles at 132 Law Quarterly Review 236 and 2016 Restitution Law Review 145. Nick's lecture to members of Combar can be seen here.
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