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Dispute Resolution Law Blog

14 May 2021

Ignorance is bliss? Not for directors!

In the recent case of TMG Brokers Ltd (In Liquidation) (also known as: Baker v Staines) the High Court held a director of a company to be jointly and severally liable for payments made by his co-director out of the company’s bank account which were made without proper authority and amounted to  disguised distributions of capital. The fact that he had placed trust in the other director for the company's financial affairs did not excuse him from performing his duties.

Katie Allard

27 April 2021

Inheritance claims by adult children

In recent years the courts have seen a significant number of claims under the 1975 Act bought by adult children. This week it has been widely reported that the two adult daughters of Tony Shearer, a high profile banker and finance governor of a well-known public school, have failed in their attempt to bring a claim against their late father’s £2.2 million estate. Mr Shearer made no provision in his estate for his daughters leaving the majority of his wealth to his second wife.

Katherine Pymont

16 April 2021

Civil Fraud Quarterly Round-Up: Q1 2021

A Civil Fraud quarterly round-up (1st quarter 2021)

Mary Young

10 March 2021

What is required to show dishonesty in the case of a professional trustee?

Examining the impact of Sofer v Swiss Independent Trustees SA on practitioners in England and Wales. 

This article was first published by STEP, December 2020: Katherine Pymont, 'Moments of Truth', Trust Quarterly Review (Vol18 Iss4), pp.36-41

Katherine Pymont

2 March 2021

Current trends in fraud: Crypto scams

Despite the Covid-19 pandemic, 2020 was an incredible year for crypto assets.  Largely driven by the increased demand from institutional investors, Bitcoin shattered its previous price records. However, its pseudonymous nature and the ease with which it allows users to instantly send funds anywhere in the world makes crypto assets appealing to criminals.

Katie Allard

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