On 25 July 2025, judgment was handed down by Tom Smith KC, sitting as deputy high court judge, in Core VCT v Soho Square Capital and others [2025] EWHC 1918 (Ch), a decision concerning the law of amendment to plead new causes of action and the application of section 32 of the Limitation Act in the context of summary judgment applications. Three venture capital trusts, acting by their liquidators, had brought claims against a number of defendants. The claimants sought to rely on section 32 to postpone the running of time, denied that they were obliged to set out their position as to how it would apply but sought unsuccessfully to rely on a principle of “wrongdoer control”.
Adam Deacock appeared for the 4th to 7th Defendants, instructed by Jonathan Wyles of Reynolds Porter Chamberlain LLP.
Read the full judgment here.
