Joint Venture

Elaine Palser acts for successful claimants in joint venture dispute

Elaine Palser, instructed by Harold Benjamin, acted for the successful claimants in Connoisseur Developments Ltd and others v Koumis [2023] EWHC 855 (Ch). The claim was for breach of a joint venture agreement. Facts The claimants (a property development company and its directors) brought a claim against the executor of the estate of one of their fellow joint venturers for breach of a joint venture agreement to build flats.  The executor counterclaimed for the return of the freehold property upon which the flats had been built. The dispute dated back many years and was complicated by the death of two of the joint venturers.  A professional administrator had to be appointed to complete the joint venture pending resolution of various…

News 4 May, 2023