Claim for £25m dismissed due to material non-disclosure on an ex parte application
In Formal Holdings Ltd, Fihag Finanz Und Handels Aktiengesellschaft v Frankland Assets Inc and others [2021] EWHC 1415 (Comm), the High Court dismissed debt and restitutionary claims for over £25 million after finding that there had been material non-disclosure by the Claimants on an ex parte application to extend the validity of the claim form.