"Dear Sir, this is in hand, and I will be responding this week as I am away next week. Evidence will also be filed well before the deadline of the 17th."
"Mr Neal was instrumental in an investment fraud by which the Claimants' funds were misappropriated. The Claimants invested a total of£7,540,000 in the First Defendant, Marlborough Opportunities Ltd ('MOL'). MOL should have invested those monies in bridging loans secured on UK properties and other assets. Instead, most of the monies were used in projects overseen by Mr Neal and the Fourth Defendant ('Mr Green'). Mr Neal introduced this investment opportunity to the Claimants. The Claimants have received no return on their investment and have sought to establish precisely what has happened to their monies. A substantial part perhaps, including£2 million , was paid to Mr Neal and his family. MOL also invested in a development property at 59 High Street, Ware, SG12 NAB ('Ware'). On16 February 2023 MOL transferred that property to the Seventh Defendant, Marlborough Consulting services Ltd ('MCS'). Before that date all shares in MCS were owned by MOL's director, the Second Defendant ('Mr Turner') but in the following weeks all shares in MCS were transferred to Mr Neal and his wife giving them 100% effective ownership of Ware."
"(ii) to the best of ... his ability, setting out the full details of [his] dealings in the Trust assets ... including without limitation: (1) full details of the acquisition of the trust assets as well as any sale, mortgage or other disposal of the trust assets or any interest in them; ... and (iii) exhibiting any available documentary evidence such as contracts to support the information given about the Trust Assets ..." (1) full details of the acquisition of the trust assets as well as any sale, mortgage or other disposal of the trust assets or any interest in them; ... and (iii) exhibiting any available documentary evidence such as contracts to support the information given about the Trust Assets ..."
"In relation to 'dealing with the Trust Assets ...' within 14 days: (1) a responsible officer of MCS must provide the full details of the circumstances in which the Ware property was transferred to MCS on16 February 2023 , providing the material referred to at paragraph 18 of the [Injunction Order] ("
"[Mr Neal] and [MCS] shall explain in affidavit evidence ... the matters set out below and where [Mr Neal] and [MCS] do not address such matters, they shall provide a full explanation for why they have not done so: a. Full Details (as defined in the Foxton Order) of [Mr Neal's] involvement in the transfer of the Ware properties [MCS], including the explanation of (i) the reasons for the transfer; (ii) the execution of form TR1; (iii) any other contract or arrangement relating to the transfer (and providing a copy of such documents where available) and (iv) the full terms of the order; b. Full Details (as defined in the Foxton Order) of [Mr Neal's] involvement in the transfer of the shares in [MCS] to himself and his wife, including an explanation of (i) the reasons for the transfer; (ii) the completion and execution of the stock transfer form (providing copies of the forms if available); (iii) any other contract or arrangement relating to the transfers (providing a copy of such documents where available), and (iv) consideration for and other terms of the transfer."
"It is for the Claimants to prove their case to the criminal standard. Mr Neal's sworn evidence, KN Aff 1 to 5 is on record and the court has it."
"He responds further through this skeleton argument and through his oral submissions today." [Emphasis added]