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ARTICLE · 18 SEPTEMBER 2019

Conyers Secures Trial Win For Major Shareholder

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In a judgment handed down by the British Virgin Islands High Court on 25 July 2019, Renaissance Ventures Ltd and another were awarded rectification of the share register of a billion dollar corporate group, Comodo Holdings Ltd.

British Virgin IslandsCorporate/Commercial Law
Mark J. Forte
Mark J. Forte
Alecia Johns
Alecia Johns
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In a judgment handed down by the British Virgin Islands High Court on 25 July 2019, Renaissance Ventures Ltd and another were awarded rectification of the share register of a billion dollar corporate group, Comodo Holdings Ltd.

The proceedings were acrimonious and hard fought over some time, with the three week trial in June 2019 necessitating five days of cross-examination of Comodo's co-founder and CEO. The issues revolved around allegations of misrepresentation, in this case alleged against a person now deceased, and associated interpretation of subscription agreement. Conyers partner Mark Forte led a team of associates including Lauren Peaty and Alecia Johns, under leading counsel Paul Chaisty QC.

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