Bill Geiringer

Sep 12, 2024 | pinsentmasons.com | Alan Sheeley |Bill Geiringer

The case concerns an application to continue a worldwide freezing order post-judgment. The court has provided a “useful” judgment in demonstrating how the courts will approach analysing a risk of dissipation of assets, in the context of a freezing order. Under English law, for a party to apply for a freezing order they have to satisfy the court that there is a real risk of dissipation of the assets concerned.

May 17, 2024 | pinsentmasons.com | Bill Geiringer |Jennifer Craven

Existing principles of UK insolvency law apply to the recovery of digital assets, a government-backed body has said. However, the UK Jurisdiction Taskforce (UKJT) acknowledged that insolvency practitioners may face challenges in applying the principles in practice. Experts in insolvency litigation and asset recovery at Pinsent Masons said, though, that the UKJT’s statement should “reassure digital asset stakeholders and insolvency practitioners alike”.

Sep 25, 2023 | pinsentmasons.com | Bill Geiringer

However, a legal expert has warned that the ruling may simply add more nuances to an already complicated area of law. In this case, which is one of the first considerations of Lord Sumption’s 2019 ‘obiter’ comments in the UK Supreme Court case of Takhar v Gracefield Developments Ltd, Winston Finzi sought to overturn a series of past court decisions and settlements involving him and the Jamaican Redevelopment Foundation (JRF) from 2003 to 2014.