The Supreme Court has ruled in favour of VM Investments Limited in two cases brought against E-Media Interactive Group Ltd. and Kintyre Holdings Ltd.
The court granted summary judgment to VM Investments and dismissed applications from the defendants to strike out the company's claims.
It also awarded costs to VM Investments.
The cases stem from efforts by the investment firm to recover funds owed under margin loan facilities that remain outstanding.
The ruling clears the way for VM Investments to begin enforcement and recovery actions allowed under the law.
Rezworth Burchenson, Chief Executive Officer of VM Investments, says the decision reflects the company's focus on protecting stakeholder interests through prudent and transparent management.
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