The Commercial Court has upheld a claim for a total sum of $18.4m against 3 founders of the metals and mining business, ENRC Plc. The claim was for fees due in respect of two substantial corporate finance transactions and was decided following a 3 week trial.
The full judgment can be read here: http://www.bailii.org/ew/cases/EWHC/Comm/2014/1201.html
Robert Weekes, instructed by Eversheds LLP, was junior counsel for the successful claimant.