On 7 May 2025, the UK Supreme Court handed down its judgment in Bilta (UK) Ltd (in liquidation) and others v Tradition Financial Services Ltd [2025] UKSC 18. The judgment primarily concerned the scope of s.213 Insolvency Act...more
"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