Private Wealth by Greenwoods is for those who care deeply about protecting not just their financial wellbeing, but the people and values they cherish most. We bring clarity to complexity, ensuring every decision supports the life you lead and the legacy you leave.
Our mission is to demystify wealth, to educate with empathy, and to support families through life’s key moments, from building a legacy to preserving it for generations to come.
Private Wealth by Greenwoods is for those who care deeply about protecting not just their financial wellbeing, but the people and values they cherish most. We bring clarity to complexity, ensuring every decision supports the life you lead and the legacy you leave.
Our mission is to demystify wealth, to educate with empathy, and to support families through life’s key moments, from building a legacy to preserving it for generations to come.
Home » Case Studies » Successfully opposing a challenge to a £5m grant award
Our client was awarded a £5m grant from the Welsh government to help establish a significant new factory facility in Wales. That award to our client was challenged by a competitor business. The stakes were high for all concerned: for our client, if the grant was successfully challenged, it would have had to reconsider opening its facility. The uncertainty also risked prejudicing our client’s lending facility.
We intervened in the dispute on behalf of our client, as a commercially “interested party”, working closely to resist threatened judicial review proceedings brought by the competitor at the pre-action stage. After proceedings were issued in the Administrative Court, we prepared detailed grounds of resistance. Our investigations into the commercial background revealed that the competitor had previously tried to exert pressure on our client to sell its business to them. This enabled us to argue that the challenge to the award was brought for an improper collateral purpose. Permission for judicial review was refused, and our client was awarded its costs. A subsequent appeal by the competitor also failed. Our client was able to open its facility, on time, as planned.
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