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

Court clarifies ‘risk of dissipation’ in asset freezing order case

The case concerns an application to continue a worldwide freezing order post-judgment.

Record compensation in unfair dismissal claim against X (formerly Twitter) in Ireland

The AO in his decision referenced various legal authorities to determine that a valid resignation is defined by the use of clear and unambiguous words

Mayer Brown Secures Victory for US Sugar in key Clean Air Act case

The court's ruling found that the retroactive application of these new emissions limits violated the Clean Air Act.

'Insolvency deepening' activity – Risk for Cayman Islands Directors

This is an important development of which all Cayman Islands directors should be aware.

The great asset debate: Navigating divorce in single vs dual income families in Singapore

The key question to be answered is what the parties' primary roles have been during the course of the marriage.

Cayman Court Approves Winding-Up Order for "Insolvency Proof" Sigma Finance Corporation After Complex 16-Year Administrative Receivership in the UK

The Company was a structured investment vehicle (SIV), incorporated in the Cayman Islands.

Recent Guernsey case sheds light on the role of a business holding assets subject to a 'Suspicious Activity Report'

The court ultimately found that on a balance of probabilities the monies held by the Defendant were not the proceeds of crime.

Enforcement of foreign arbitral awards by the Grand Court of the Cayman Islands

The tribunal issued a provisional award in favour of the plaintiff

UPC: Ireland is outside the court’s jurisdiction

The UPC Court of Appeal agreed with SiBio’s argument.

Irish Supreme Court appeal will significantly impact GDPR non-material damages claims

The Supreme Court also noted that the judgment of the High Court gives rise to an issue as to whether a requirement for PIAB authorisation is compatible with Article 82 of the GDPR.

Discovery Series: The Cayman court confirms the approach to be taken for navigating privilege in discovery reviews

This article examines the issues considered in that recent judgment.

An overview of civil proceedings in England and Wales

The English civil court system is divided between the High Court and the County Court.

Cayman Islands Grand Court Awards Indemnity Costs and Payment on Account

The Costs Decision comes after the successful representation of the Plaintiffs in a number of summonses before the Grand Court of the Cayman Islands

AI patents still possible in the UK despite Court of Appeal ruling

The case originally came before the High Court after a hearing officer at the IPO rejected EPAI’s patent application for its system.

NSW ruling applies Expert Witness Code principle to insolvency case

Before the final hearing, no notice was provided that the entirety of the liquidator’s affidavits would be objected to on the basis that they allegedly did not comply with the Expert Witness Code.

Dentons secures justice for unlawfully sterilized woman in pro bono case

This practice was widely condemned by the UN and human rights organizations.

Ruling addresses use of ‘omnibus’ claim forms in mass actions

This decision helpfully highlights that ‘convenience’ is not a foregone conclusion where there is a large number of cases.

NSW case sheds light on insolvency practitioners’ claims against de facto directors

The decision highlights the necessity of appropriate evidence being cited by liquidators to ensure that de facto claims are established, including using the investigative powers available to liquidators to obtain the necessary evidence.

Success in probate dispute in estate of wealthy racehorse owner Reg Bond

A brain tumour in 2010, followed by a fall and mini stroke, left Reg in a wheelchair and dependent on round-the-clock care.

Jakob International Inc v HSBC Private Bank (Suisse) SA, Guernsey Branch

Collas Crill were latterly instructed in the latest proceedings in 2022.

Court Cases