The Court of Appeal has confirmed in Bank St Petersburg PJSC v Vitaly Arkhangelsky that the correct standard of proof where issues of dishonesty arise is not a ‘heightened’ civil standard, but the balance of probabilities....more
4/2/2020
/ Appeals ,
Burden of Proof ,
Complex Litigation ,
Counterclaims ,
Evidentiary Rulings ,
Evidentiary Standards ,
Fraud ,
Pleading Standards ,
Remand ,
Reversal ,
Standard of Review ,
UK
National Bank Trust v Ilya Yurov & Ors [2020] EWHC 100 (Comm) provides a useful insight to the English Court's approach to pleading and evidencing fraud, emphasising the importance of properly particularised claims and...more
3/5/2020
/ Admissible Evidence ,
Banks ,
Breach of Duty ,
Bribery ,
Burden of Proof ,
Circumstantial Evidence ,
Civil Conspiracy ,
Cross Examination ,
Document Productions ,
Fraud ,
Litigation Strategies ,
Pleading Standards ,
Pleadings ,
Ponzi Scheme ,
Shareholders ,
Standard of Proof ,
UK ,
Witness Statements
In Vneshprombank LLC v Georgy Bedzhamov and ors [2019] EWCA Civ 1992 the Court of Appeal reaffirmed the approach to ascertaining the "ordinary living expenses" of a respondent to a freezing injunction....more
In Singularis Holdings Ltd (In Official Liquidation) v Daiwa Capital Markets Europe Ltd ([2019] UKSC 50), the Supreme Court upheld the first successful claim in negligence by a customer of a financial institution for breach...more
11/6/2019
/ Appeals ,
Banking Sector ,
Breach of Duty ,
Causation ,
Dismissals ,
Duty of Care ,
Financial Crimes ,
Financial Institutions ,
Fraud ,
Investment Banks ,
Investment Management ,
Liquidation ,
Misappropriation ,
Negligence ,
Subsidiaries ,
UK ,
UK Supreme Court
In a decision handed down last week, Jofa Limited and Joseph Farah v Benherst Finance Limited and Chestone Industry Holding [2019] EWCA Civ 899, the Court of Appeal considered the rules regarding the costs of applications for...more
6/10/2019
/ Appeals ,
Disclosure ,
Document Productions ,
Duty of Confidentiality ,
Financial Institutions ,
Fraud ,
Litigation Fees & Costs ,
Norwich Orders ,
Pre-Suit Investigation ,
Request for Production ,
Third-Party ,
UK
In a decision handed down last week, Michael Wilson & Partners Ltd v John Forster Emmott [2019] EWCA Civ 219, the Court of Appeal has reviewed the authorities relating to removing, following judgment, the so-called Angel Bell...more
3/12/2019
/ Angel Bell Exceptions ,
Appeals ,
Arbitration Awards ,
Asset Freeze ,
Carve Out Provisions ,
Freeze Order ,
Judgment Debtors ,
Mareva Injunctions ,
Ordinary Course of Business Defense ,
Post-Judgment Enforcement Actions ,
Reaffirmation ,
UK