In this case,
Fifth Street Finance v D Dobbin [2013] SC (Bda) 55 Com (313 KB PDF), Alan Dunch and Tim Frith of MJM acted on behalf of Fifth Street Finance Corporation in the recovery of $4,000,000 as money due under a Guarantee and Indemnity Agreement dated September 28
th, 2009. The principal debtor whose debts were guaranteed by the Defendant was a Canadian company Repechage Investments Limited as assignee of pre-existing liabilities under a 2007 credit agreement owed by two of Repechage Investment Limited’s subsidiaries, Elephant & Castle Group Inc. (a Canadian corporation) and Elephant & Castle Inc. (a Texas corporation). The Elephant & Castle Group operated and franchised British style pub restaurants in the United States and Canada, however the group collapsed in 2011 and Repechage filed a voluntary bankruptcy petition in the United States Bankruptcy Court for the District of Massachusetts.