The applicant sought leave to appeal an order directing the receiver to file a Payments Report detailing distributions made by the insolvent companies.
The applicant argued the report could prejudice his ongoing criminal proceedings in the United States.
The Court of Appeal dismissed the motion for leave to appeal, finding that the receiver's duty is to the economic interests of the estate's stakeholders, not to protect a stakeholder's personal interest in avoiding prejudice in foreign criminal proceedings.
The proposed appeal was found to lack prima facie merit.
