Judgment
Tempo Group Ltd v Fortuna Development Corporation - Ruling
FSD 0082/2011 (AHJ) · 2012-02-24
Entitlement to pre‑judgment interest under Judicature Law s.34; effect of Articles stating dividends bear no interest; nature of dividend debt; discretion to award interest; interpretation of dividend declarations in 2003 and 2008; whether 2008 dividend satisfied liability for 2003 dividend; timing and enforceability of shareholder‑declared dividends; summary judgment principles in dividend disputes
Full metadata
| Cause Number | FSD 0082/2011 (AHJ) |
|---|---|
| Court | CIGC (FSD) |
| Judge | Henderson J |
| Parties | Tempo Group Ltd v Fortuna Development Corporation - Ruling |
| Judgment Date | 2012-02-24 |
| Subject | Entitlement to pre‑judgment interest under Judicature Law s.34; effect of Articles stating dividends bear no interest; nature of dividend debt; discretion to award interest; interpretation of dividend declarations in 2003 and 2008; whether 2008 dividend satisfied liability for 2003 dividend; timing and enforceability of shareholder‑declared dividends; summary judgment principles in dividend disputes |
| Filename (current) | 12-02-24-Tempo-Group-Ltd-v-Fortuna-Development-Corporation.pdf |
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