Louis Leonard Gerber and Matthew Wright, from court-appointed liquidators Leonard Curtis, are winding up the affairs of Hurel Ltd, the company which RG Falla became shortly before it was placed into liquidation in March 2023.
They have taken their case to the Royal Court, claiming that the defendants failed in one or more of their duties to the company, which would have included acting in good faith in a way they believed was in the company’s best interests; considering the interests of the company’s creditors and balancing them against the shareholders should they conflict; to act with reasonable care, skill and diligence; and to exercise independent judgment.
The nine defendants are Paul Mason, Michael Wagstaff, Dean Winsall, Julian…