Business · Companies · 4 hrs ago
Emma Sinclair and brother fight over £4.5m tech business deal
Emma Sinclair and her brother James are in a £4.5 million dispute over their technology business, EnterpriseJungle.
The siblings founded the software company, but James was removed as a director and dismissed in 2021.
They later agreed that Emma would buy his five million shares in instalments, but payments were delayed.
A California court awarded James about £2.3 million in January, and he asked an English court to enforce that judgment.
A London High Court judge allowed enforcement but suspended immediate repayment, subject to conditions requiring further payments.
Emma said an immediate payment could force her to sell shares cheaply and threaten her control of the business.
The siblings are awaiting the outcome of their Californian appeals.
Emma Sinclair and her brother James are involved in a £4.5 million dispute over their technology business, EnterpriseJungle.
A High Court judge allowed James to enforce in England a Californian judgment for about £2.3 million.
The siblings had agreed that Emma would buy James’s five million shares, with payments spread over several years.
After payments were delayed, James pursued the outstanding money in California, while Emma and the company appealed.
The judge suspended immediate enforcement subject to conditions, including further payments, and the siblings are awaiting the California appeal outcome.
- Who
- Emma Sinclair and her brother James Sinclair.
- What
- They are disputing payments for James’s shares in their technology business. James established his right to enforce a Californian judgment in England.
- When
- The dispute followed James’s dismissal in 2021. The Californian court awarded him approximately £2.3 million in January; the year is not stated.
- Where
- The case involves the London High Court and Californian courts. The business is EnterpriseJungle.
- Why
- Payments for James’s shares were delayed, and he pursued the outstanding money.
James Sinclair
Emma Sinclair
Enforcement
James Sinclair
James pursued the outstanding money and succeeded in establishing his right to enforce the Californian judgment in England.
Emma Sinclair
Emma and EnterpriseJungle appealed the Californian judgment, and Emma warned that immediate repayment could force her to sell shares at a knockdown price and threaten her control of the business.
James Sinclair was removed as a director and dismissed from EnterpriseJungle.
The siblings agreed Emma would buy James’s five million shares for £4.5 million, with payments spread over several years.
James pursued the outstanding money through the Californian courts.
A Californian court awarded James approximately £2.3 million.
James established his right to enforce the judgment in England, while immediate enforcement was suspended subject to conditions.
- Business
- EnterpriseJungle
- Agreed share purchase
- £4.5 million for James Sinclair’s five million shares
- Californian judgment
- Approximately £2.3 million awarded to James
- Dismissal
- James was removed as a director and dismissed in 2021
- Proposed payment
- Emma proposed paying approximately £1.7 million by next February
What people are saying
deep bad feeling
very aggressive