“…Management Services Limited (“PAG Management”). It was wound up on public interest grounds following a trial before Norris J: In re PAG Management Services Ltd [2015] BCC 720. Norris J decided that it was just and equitable to wind up PAG Management, because its business model demonstrated a lack of commercial probity as a result of…”
“…d any bona fide commercial purpose beyond simply avoiding the liability to NDR. I mention this because in Re PAG Management Services Ltd [2015] EWHC 2404 (Ch), [2015] BCC 720, Norris J did not accept on the evidence before him that these types of avoidance schemes were contrary to the public interest. That was “essentially a far-rea…”