News

Cayman CA confirms dismissal of US$2bn claim by Madoff feeder fund

September 17 2019

Primeo Fund (In Official Liquidation) v (1) Bank of Bermuda (Cayman) Limited (2) HSBC Securities Services (Luxembourg) SA Following a two-week appeal hearing in late 2018, the Cayman Islands Court of Appeal (Beatson, Birt and Field JJA) has upheld the dismissal of a US$2bn professional negligence claim against HSBC arising out of the Madoff investment fraud. The judgment is notable for, among other...

One Essex Court sponsors Fraud and Asset Tracing Events in London and Miami

September 12 2019

One Essex Court is pleased to sponsor two C5 Fraud and Asset Tracing events next month: the C5 Fraud and Asset Tracing Leadership Forum & Evening Mixer taking place in London on 3 October, and the C5 Fraud, Asset Tracing & Recovery Miami Conference taking place from 28-29 October. The Fraud and Asset Tracing Leadership Forum & Evening Mixer is an inaugural event, “specifically designed...

One Essex Court shortlisted for Chambers UK Bar Awards 2019

September 05 2019

Chambers and Partners have today announced the nominees for this year’s Chambers UK Bar Awards, and we are delighted to have been shortlisted as Set of the Year in 3 practice areas: Banking, Commercial Litigation and International Arbitration. In addition, a number of members of chambers received individual nominations, including Sonia Tolaney QC (Banking Silk of the Year), Emma Himsworth...

Court of Appeal rejects subjective interpretation of unilateral notice

August 02 2019

Stobart Group sued Mr Tinkler under a tax indemnity he had given when he sold the shares in Stobart Rail. Stobart Group relied on a letter that it contended Mr Tinkler had understood to be a valid notice of the claim as required by the share sale agreement. Michael Fealy QC acted for Mr Tinkler in his application to strike out the proceedings for failure to give prior written notice. Michael was successful...