"The law on 'knowing receipt' has perplexed judges and academics alike for several decades" – Lord Burrows (paragraph 99).
In a decision with significant implications for claims involving fraud and breach of fiduciary duty...more
7/22/2024
/ Beneficial Owner ,
Breach of Duty ,
Breach of Trust ,
Business Ownership ,
Fiduciary Duty ,
Fraud ,
Insolvency ,
Popular ,
Securities ,
Trustees ,
UK ,
UK Supreme Court ,
Unjust Enrichment
What is the government proposing?
The UK government (“HM Treasury”) has launched a Consultation setting out its proposals to amend the UK special resolution regime (“SRR”) to direct that the UK depositor guarantee scheme...more
The right to set off a claim is a legal concept through which reciprocal claims between a creditor and a debtor company are settled against each other reducing or extinguishing the smaller claim and leaving only a balance...more