L1T FM Holdings UK Ltd & anr (appellants) v Chancellor of the Duchy of Lancaster in ... (respondent) скачать в хорошем качестве

L1T FM Holdings UK Ltd & anr (appellants) v Chancellor of the Duchy of Lancaster in ... (respondent)

Wednesday 22 October 2025 L1T FM Holdings UK Ltd & anr (claimants/appellants) v Chancellor of the Duchy of Lancaster in the Cabinet Office (defendant/respondent) Before Lord Justice Singh Lord Justice Males Lord Justice Popplewell Appeal from the order of Farbey J dated 4 December 2024 from judgment handed down on 20 November 2024. The judgment dismissed the appellants’ claim for judicial review of the Secretary of State’s Final Order issued on 19 December 2022 requiring the First Applicant to sell its 100% shareholding in the Interested Party (UPP Corp Ltd). The Applicants are part of the LetterOne investment group (L1) which is headquartered in Luxembourg and makes long term investments in companies operating in various sectors. Upp is a small company developing a fibre broadband network in East Anglia. The Frist Applicant acquired 100% of the share capital in Upp on 21 January 2021 as a start-up investment.