Weightmans – De facto directors personally responsible for company contempt
- FOIL
- FOIL Ireland
- FOIL select
- London FOIL
Author - James Denison
Integral Petroleum SA v Petrogat FZE and San Trade Gmbh and others [2020]
In March 2020 the High Court handed down two judgments in this long-running saga arising out of a contractual dispute concerning the sale of oil. These judgments highlight the personal risks for directors and officers (including de facto directors) of companies acting in contempt of court, which may result in prison sentences of up to two years.
