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England and Wales High Court (Chancery Division) Decisions |
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You are here: BAILII >> Databases >> England and Wales High Court (Chancery Division) Decisions >> Awendale Resources Incorporated v Pyxis Capital Management Ltd [2020] EWHC 1978 (Ch) (22 July 2020) URL: http://www.bailii.org/ew/cases/EWHC/Ch/2020/1978.html Cite as: [2020] EWHC 1978 (Ch) |
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BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
BUSINESS LIST (CH D)
Strand, London, WC2A 2LL |
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B e f o r e :
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AWENDALE RESOURCES INCORPORATED |
Claimant |
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- and - |
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PYXIS CAPITAL MANAGEMENT LIMITED |
Defendant |
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Mr Paul Burton (instructed by Blake Morgan LLP) for the Claimant
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Crown Copyright ©
Covid-19 Protocol: This judgment was handed down by the judge remotely by circulation to the parties' representatives by email and release to BAILII. The date and time for hand-down is deemed to be 10.30 am on 22 July 2020.
Tom Leech QC :
Introduction
The Undertaking
The Order
"3. The English Proceedings are stayed, subject to the Defendant providing the undertaking set out in Schedule 1 to this order within 7 days.
4. The Claimant has liberty to apply to the court to lift the stay if:
a) Infinitum Ventures Limited fails to take reasonable steps to prosecute or proceed with the Cypriot Proceedings (in so far as they relate to the Claimant); or
b) the Cypriot Proceedings are struck out."
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