The order from the hearing below with my bold. Seems like there should be nothing stopping the sale of the security now.
IN THE HIGH COURT OF JUSTICE
BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
BUSINESS LIST (ChD)
MRS JUSTICE ****
THURSDAY 24 OCTOBER 2019
B E T W E E N:
(1) Person
(2) ***** LIMITED
(3) ***** LIMITED (a company incorporated in the British Virgin Islands)
(4) ***** LIMITED (a company incorporated in the Bailiwick of Guernsey)
(5) ***** LIMITED (a company incorporated in the Bailiwick of Guernsey)
Claimants
-AND-
(1) (not served with proceedings)
(2) (not served with proceedings)
(3) LENDY LIMITED
(4) SAVING STREAM SECURITY HOLDING LIMITED
(5) *****
(6) *****
(7) *****
Defendants
________________________________________________________________________
ORDER
__________________________________________________________________
UPON the application of the First Claimant by an application notice dated 13 October 2019 (“the Application for an Injunction”) said to be made against RSM Tenon and the Third to Seventh Defendants
AND UPON the application of the First Claimant by an application notice dated 14 October 2019 (“the Application for Revocation”) said to be made against RSM Tenon and the Third to Seventh Defendants
AND UPON the oral application made on behalf of the First Claimant to adjourn the hearing of the Application for an Injunction and the Application for Revocation (referred together as “the two Applications”)
AND UPON HEARING Mr *MW, Counsel for the Third and Fourth Defendants, and Mr FM, Counsel for the Fifth to Seventh Defendants
AND UPON
the Claimants not appearingAND UPON the Court reading the documents filed
IT IS ORDERED that:
1. The application of the First Claimant to adjourn the hearing
the two Applications is refused.
2.
The Application for an Injunction and the Application for Revocation are both dismissed.
3. The Court records that:
3.1 The Application for an Injunction, dismissed under paragraph 2 above,
is totally without merit.3.2 The Application for Revocation, dismissed under paragraph 2 above,
is totally without merit.
4. The First Claimant will pay the costs of Third and Fourth Defendants of the two Applications summarily assessed in the sum of £10,000 (inclusive of VAT) to be paid by 4pm on 7 November 2019.
5. The First Claimant will pay the costs of Fifth to Seventh Defendants of the two Applications summarily assessed in the sum of £15,000 (inclusive of VAT) to be paid by 4pm on 7 November 2019.
6. This Order may be served by email alone on the First Claimant at the following address: ***@***.com
7. The Fifth to Seventh Defendants shall serve this Order on the First Claimant and the Third and Fourth Defendants.
Service of the Order
The Court has provided a sealed copy of this Order to the serving party,