Company

The Court of Appeal ruled on an appeal against findings that the appellants had dishonestly assisted A, the 100% owner and sole director of the respondent company, to breach his duties to that company under s 175 of the Companies Act 2006, and had dishonestly assisted A in misapplying £1.25m of the company’s money. It dismissed the appeal, save that the judge’s conclusion that the appellants were liable to compensate the company for a particular sum of £500,000, as part of the misapplication claim, would be reversed.