- Managers of Wealth - Legal - Wealth, private banking and asset management news and opinion

Season 2 of Hogan Lovells 'Proof in Trial' podcast series follows top-ranked Appellate practice

When the trial process ends, the appeal process often begins.

Assistance to the creditors of insolvent fraudsters? The modern illegality defence to the rescue

The illegality defence (which aims to prevent a party benefiting from its illegal conduct via legal claims) has been the subject of considerable judicial analysis in commonwealth jurisdictions in recent years. The Cayman Islands Court of Appeal (CICA) in

The Privy Council clarifies principles relating to the enforcement of foreign arbitral awards

Ogier successfully acted for Gol with Leading Counsel, Tom Lowe QC of Wilberforce Chambers, and Gol's Brazilian counsel, Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados.

Expensive lessons learnt? Recent court cases on missteps by money lenders in Hong Kong

The following are some court cases that highlight the key statutory requirements and ancillary enforcement issues applicable to money lending transactions.

'In The Matter The XYZ Trusts' reaffirms section 47 legal principles

Finally, it confirmed the Bermuda Court’s willingness to issue confidentiality orders in cases involving the administration of private trusts.

Privy Council dismisses appeal in BVI unfair prejudice proceedings

The Board reiterated the position set out by Lord Wilberforce in Ebrahimi v Westbourne Galleries Ltd, that the categories of cases in which equitable considerations arise are not closed and they are not limited to situations of quasi-partnership.

Mixing Business with Family: Quasi-Partnership in Family Companies

The relationship between the mother and son remained positive for several more years, but serious disagreements then arose between them and the son was dismissed from his employment and removed as a director.

SEC Settles First Enforcement Action Against Mutual Fund Adviser Challenging Funds’ ESG Disclosure

In order to charge a “material” misrepresentation, the SEC must demonstrate a misstatement or omission that presents a “substantial likelihood” of affecting the decision-making of a reasonable investor in light of the total mix of

Largest Unfair Dismissal Compensation Award Ordered - Update for Employers in Ireland

The investigation and disciplinary meeting were held in close succession and the employment was terminated.

Giambrone & Partners has successfully obtained a judgment from the High Court in London amounting to £496,019

Giambrone & Partners easily demonstrated that our client was not a professional trader. Dualix maintained the position of defending our client’s claim.

SEC Charges BNY Mellon Investment Adviser for Misstatements and Omissions Concerning ESG Considerations

The SEC’s investigation was conducted by Robert Baker and Michael Moran

Cayman court revisits winding up petitions against general partners

This decision will be welcomed by the private equity industry in particular

Default on a secured loan facility: the English High Court considers a lender's right to terminate

The Court therefore found that, although the termination notice did not specify a valid event of default, the notice was valid as it satisfied the contractual requirements conditions for a termination notice, as prescribed in the loan agreement.

Withers obtains worldwide injunction for Singaporean to freeze sale of rare Bored Ape Yacht Club NFT

The Singapore High Court’s injunction to protect an NFT is the first in Singapore and Asia, and the first globally in a purely commercial dispute. This injunction recognises NFTs as an asset.

Privy Council decides that banks owe no Quincecare duty to a beneficial owner of monies in an account

It therefore rejected what would have represented a significant extension of the duty which would have required banks to monitor transactions for fraud not only with their customers in mind, but also any beneficial owners.

Riding the waves of recognition

On 6 April 2022, the Hong Kong Court granted the liquidators’ application.

Ex-UBS banker loses appeal over selling client data to Germany

It dismissed his argument that the lower court had conducted proceedings in an inadmissible manner.

Tax Tribunal confirms documents sought by HMRC were legally privileged

This decision reinforces the position that communications between a lawyer and client will generally attract LPP.

Cross-Claims and Applications for the Appointment of Liquidators

The Court of Appeal agreed with the Court below that the evidence did not establish any genuine or serious claim in conspiracy.

The widening scope of the Quincecare Duty

The Philipp case provides an excellent opportunity for financial instructions to review and improve their APP fraud measures.

Court Cases