Iranian Offshore Engineering and Construction Company v Dean Investment Holdings SA (formerly known as Dean International Trading SA) and others

Company – Director. The Commercial Court held that, among other things, the seventh and eighth defendants had acted in dishonest breach of duty in causing the claimant company to pay more for an oil rig than the price for which it had been sold, and in taking advantage of the cancellation of the purchase agreement, and failing to return sums to the claimant. The existence of sanctions with Iran did not make it contrary to the public interest to enforce the claimant's claim.

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