Litigation funder wins nearly £1m in D&O claim

Manolete Partners Plc, an insolvency litigation finance company, has successfully claimed against the former director of Just Recruit Group Ltd (Just Recruit) and awarded £918,590. The Insolvency and Companies Court of the High Court found that the director of Just Recruit, Norman Freed, had breached his directorial duties to the company during the business's financial collapse.

Background

Filed under:
United Kingdom, Insolvency & Restructuring, Litigation, RPC, Insolvency, Insolvency Service (UK), Supreme Court of the United States
Authors:
Matthew Watson , Lauren Butler
Location:
United Kingdom
Firm:
RPC