Angel Group Ltd & ors v Davey [2019] WTLR 359

Wills & Trusts Law Reports | Summer 2019 #175

The Claimants were a group of companies (“Angel Group”) comprising a holding company (“AGL”) and three wholly owned subsidiaries which were in the business of property development and commercial and residential lettings. Its business was substantially dependent on contracts with the UK Border Agency to provide accommodation for asylum seekers. The Defendant, who was the sole Director of the Angel Group, held (directly or indirectly) all of the shares in AGL. The Defendant, and one of the subsidiaries, purchased a number of real properties located in Israel, Northern Cyprus and California...