Commercial analysis: Mr Simon Gleeson sitting as a Deputy High Court Judge, found for Mr Carl, in a case involving the misappropriation of 8 different cars and their proceeds, in different ways, by 13 different defendants. The case also involved a cheque action and competing claims for the repayment of a loan. The court had to untangle a complex procedural and factual history and make findings of deceit, conversion, unlawful act conspiracy, and knowing receipt. The court also had to make findings relating to the relationship between the parties in contract, partnership and in relation to authority and agency. The court found that whereas there was no relationship of agency between Mr Carl and the principal defendants, the relevant defendants owed a fiduciary duty and duties under an agreement of bailment which were breached. Moreover, the defendants acted in numerous counts of conspiracy to deceive and conspiracy to convert the sale of the cars causing loss to Mr Carl. Written by Meera Solanki, associate at Trowers & Hamlins.