"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
In February 2024, the Court of Appeal of England & Wales upheld a September 2023 decision of the Commercial Court in The Republic of Mozambique v Credit Suisse International And Others (No.10), finding that: (1) the President...more
In December 2023, the England & Wales Court of Appeal unanimously overturned the high-profile ruling handed down by the Commercial Court in October 2022 in the case of Banca Intesa Sanpaolo and Dexia v Comune di Venezia. In...more
The English High Court held in Invest Bank PSC v El-Husseini [2023] EWHC 2302 that a foreign judgment with res judicata effect in its jurisdiction of origin can be enforced in England at common law even if it is unenforceable...more