23 Dec 2019 Court Order
(“Vordere” or the “Company)
The High Court of Justice, London, has granted the Company an injunction against the former directors of the Company, Messrs. Nicholas Hofgren, Stuart Cheek and Graeme Johnson preventing those former directors from deleting or destroying any Company documents pending a full hearing for delivery up of Company documents.
This action was undertaken in order to protect the Company’s records in the hands of the former directors and to ensure that the Company has access to complete records of the activities of the former directors, and to the information it needs to decide on what action, if any, needs to be taken with respect to the conduct and affairs of the Company and the former directors prior to their removal.
The Company is also subject to High Court proceedings concerning the recent acquisition of property in Brazil by the Company prior to the most recent requisitioned General Meeting and the Company needs complete records to determine the most appropriate course of action.