Archive for the 'Financial Litigation' Category

View of the city of Savona (Italy) from the castle "Priamar"

Deutsche Bank v Comune di Savona

Posted on August 5th, 2017 · Posted in Financial Litigation, Interest Rate Swap

This case is the most recent in a number of cases brought in the English courts by Italian local authorities against banks. The banks are not necessarily English but the.. read more

Zurich Switzerland iStock-527674324 670x270

Banque Cantonale de Genève v Sanomi

Posted on July 16th, 2017 · Posted in Financial Litigation, Investment

When a promissory note is not executed as a deed, can the claimant bank rely on forbearance as adequate consideration? In a recent judgment in Banque Cantonale de Genève v.. read more

Hawaii Surf iStock-483094925 670x270

Bradley Willcox et al v. Lloyds TSB (US case, Honolulu, Hawaii.)

Posted on June 20th, 2017 · Posted in Expert Witness, Financial Litigation, Investment, Property

US Litigation focuses on consumer rights in complex loans Willcox v Lloyds had some similarities with the previous case in Northern California of Dugan v Lloyds TSB. This time a.. read more

Oil pumpjack or nodding horse pumping unit in Saskatchewan prairies, Canada

Ikram Mahamat Saleh v Director of the Serious Fraud Office (‘SFO’)

Posted on June 6th, 2017 · Posted in Financial Litigation, Fraud, Uncategorized

The SFO has recently won a major appeal regarding a Property Freezing Order under Part 5 of the Proceeds of Crime Act 2002 (‘POCA‘) made in respect of £4.4 million.. read more

Camden Market and Lock

IBRC v Camden Market Holdings (Court of Appeal)

Posted on May 28th, 2017 · Posted in Expert Witness, Financial Litigation, Property

After Irish Bank Resolution Corporation Limited (‘IBRC‘) was placed in special liquidation in February 2013, the Irish Minister of Finance instructed the liquidators to sell off IBRC’s loan book, which.. read more

Offices to let iStock_000001867369Large 670x270

Darby Properties Ltd v Lloyds Bank plc

Is expert evidence needed in Interest Rate Hedging Product (‘IRHP‘) mis-selling disputes? To replace existing IRHPs the claimant company entered into a number of new such products with Lloyds, some.. read more

Ecole Militaire, Paris, France

Serious Fraud Office (‘SFO’) vs Stylianos Contogoulas and Ryan Reich

Posted on April 29th, 2017 · Posted in Criminal Cases, Expert Information, Expert Witness, Financial Litigation

The SFO suffered a severe setback on 7th April when it lost its case against two former Barclays traders, whom it alleged had been guilty of conspiring to manipulate the.. read more

Varanasi iStock-526309075 670x270

FCA fines Deutsche Bank for anti-money laundering controls failings

Posted on March 31st, 2017 · Posted in Criminal Cases, Expert Information, Expert Witness, Financial Litigation

Failure to provide for adequate anti-money laundering control framework proved to be a costly mistake for Deutsche Bank as the Financial Conduct Authority (‘FCA‘) decided to slap them an unprecedented.. read more

Golden Nest Egg iStock-498304794 670x270

Fondazione Enasarco v Lehman Bros Finance SA

Posted on March 13th, 2017 · Posted in Expert Witness, Financial Litigation, Investment

This judgement is important for participants in the structured products and derivatives markets and involves calculation of loss under the 1992 ISDA Master Agreement (the ’Agreement’). The Claimant, an Italian.. read more

House Construction iStock-96319038 670x270

Mr Carlyle v Bank of Scotland (Scottish Case and Supreme Court)

Posted on February 20th, 2017 · Posted in Financial Litigation, Investment, Property

This case concerned a property developer and a bank, and a loan to fund not just the purchase of a plot of land, but the building of a new house.. read more