Last month it was reported that that Unicorn Payment Ltd has settled its £5.1 million claim against Worldpay (UK) Ltd in which it asserted Worldpay had wrongly withheld remittances under a payment facilitation agreement. This follows Unicorn’s attempt last year to obtain a mandatory interim injunction that Worldpay should part of the sums withheld before a defence had been filed. The application was dismissed for a number of reasons, including that Unicorn had presented no evidence to establish that it would be able to satisfy a claim under the cross-undertaking in damages.

Worldpay was represented at the injunction hearing by Simon Mills of Radcliffe Chambers instructed by Daren Allen of Shoosmiths LLP.