Matters of law will certainly not always be black and white, however, the Courts have adopted a traditional approach when assessing matters of mismanagement or misconduct by directors in relation to company – if there is...more
Fraud is on the rise. And as sums defrauded usually disappear, victims search for an alternative source to recover their losses. Unsurprisingly, the search often identifies banks' resources as a potential first call. ...more
10/13/2023
/ Banking Sector ,
British Virgin Islands ,
Cayman Islands ,
Duty of Care ,
Financial Conduct Authority (FCA) ,
Fraud ,
HSBC ,
Investment Firms ,
Liability ,
Misallocation of Funds ,
National Crime Agency (NCA) ,
Offshore Banks ,
UK Supreme Court ,
United Arab Emirates (UAE)
For executors and administrators of estates it is important to have clarity as to the timeframes within which claims can be brought against the estate they are administering. Heirs and legatees can only bring a challenge...more
After much anticipation, the UK Supreme Court has handed down its judgment in BTI 2014 LLC v Sequana S.A. [2022] UKSC 25 - and has authoritatively set the baseline for how directors’ duties evolve as regards shareholders and...more