Herbert Smith Freehills LLP Andrew Cooke and Maura McIntosh United Kingdom February 11 2015 Andrew Cooke Maura McIntosh In a recent decision, the High Court held that legal advice taken in relation to certain transactions was not protected by privilege, as there was prima facie evidence that the purpose of the advice…
Like so many others at the time, Giorgio Medici was involved in a variety of real estate ventures when the 2008 tsunami wiped out that market. Sued numerous times, by November of 2010, Medici owed in excess of $10 million in judgments and had lost his home to foreclosure. To…
Thousands of creditors who put money into collapsed wine investment shams are being sold a bogus “rescue service” in return for an upfront fee Victims of investment frauds are being hit by scammers a second time. Thousands of creditors who put money into collapsed wine investment shams are being sold…
Four people have been arrested in raids by officers investigating a multimillion-pound fraud operation. More than 100 police officers and customs officials raided properties across East Anglia and Surrey as part of the investigation into fraudulently trading companies. A man, 26, and woman, 32, were detained in Bedford, a 66-year-old…
Insolvency trade body R3 has called for the reintroduction of criminal bankruptcy in a bid to target fraud According to R3, bringing back criminal bankruptcy orders would allow the retrieval of funds from defendants in a more effective way than permitted under the current system. Criminal…