Fladgate leads private investors to victory in Privy Council

Our team: Mark Buckley

Fladgate has successfully led its client Peepul Capital Fund II LLC and Millenium Strategic Group Limited (“the investors”) to victory in a $23 million worth share dispute case against VSoft Holdings LLC, a Georgia-based digital banking software company.

The Judicial Committee of the Privy Council, the highest appellate court for UK territories, ruled that VSoft needs to uphold the $23 million arbitration award issued to the investors.

Commenting on the judgement, dispute resolution Partner Mark Buckley said, “we are, of course, very proud to have supported our client in securing this important victory, but to us this is not just a wonderful result for our client, but a reward for a trusted relationship we have built with our client and our partners in Mauritius.”

Mark led the Fladgate team, which instructed Iqbal Rajahbalee SC and Mushtaq Namdarkhan of BLC Robert.

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