June 2023

Durnont Enterprises Limited

Peachey & Co LLP

June 2023

Peachey & Co LLP are advising Durnont Enterprises Limited in Durnont Enterprises Limited v Fazita Investment Ltd [2023] EWHC 1294 (Ch), a derivative action in the High Court in connection with a €100 million multi-jurisdictional fraud claim, and obtained ‘second stage’ permission to continue the action pursuant to CPR Part 19 on 7 June 2023.

A derivative action is a claim brought by a shareholder of a company (on the company’s behalf) against the director(s) of the company and/or a third party.

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