In re SPhinX Group of Companies (In Official Liquidation) - Judgment

Whether Deutsche Bank’s post‑meeting acquisition of all Class 10 shares constituted a material change requiring reconvening of class meetings; whether the change could amount to a “blot on the scheme” under the Equitable Life / Telewest principles; whether a reasonable scheme participant, acting in their own economic interests, might have changed their vote had the new information been known; whether the statutory class majorities were satisfied without a further meeting; whether the Scheme could proceed to sanction subject to establishing reserves for indemnity claimants and the Beus Gilbert contingent fee claim