10 May Custodial sentence for contempt of Court
A Chief Executive and President of a defendant company in Commercial Court proceedings has been sentenced to an immediate and lengthy prison sentence of 18 months. The sanction of committal was enforceable against the individual as a director of the defendant.
In the case Todaysure Matthews Ltd and another v Marketing Ways Services Ltd and another  EWHC 584 (Comm) (4 March 2016) (Lawtel), the CEO and President was held in contempt of court for breach of an undertaking to pay any money received under a performance guarantee into court. The Judge considered the contempt to be of the most serious kind and decided that a prison sentence of 18 months was appropriate. In reaching this conclusion, the judge took into account that the contempt was manifestly deliberate and done for very substantial financial gain.