Peter Ferrer

Mar 11, 2024 | mondaq.com | Claire Goldstein |Christopher Pease |Peter Ferrer

In a recent decision of the King's Bench Division of England and Wales the Court set aside an order (O2) that extended time for compliance with an earlier disclosure order (O1). O2, having been endorsed with a penal notice, was set aside as offending the principle that such an order should be expressed in unambiguous language so that a defendant knows what is forbidden or required.

Mar 8, 2024 | mondaq.com | Peter Ferrer |Jessica Williams |Ian Mann |Francesca Gibbons

The decision concerns an unopposed application to appoint joint restructuring officers under the Cayman Islands dedicated restructuring regime in relation to two segregated portfolios of a SPC.

Feb 29, 2024 | mondaq.com | Peter Ferrer

The proceedings commenced in 2017 and concern a claim against, among others, a number of defendant banks relating to the alleged collusive suppression of the USD LIBOR rate. In this interlocutory hearing, the claimant sought further disclosure from the defendant banks including transactional data relating to alleged LIBOR manipulation as well as further information from the defendant banks to assist the claimant in making additional more specific and focused disclosure requests.

Feb 29, 2024 | mondaq.com | Claire Goldstein |Peter Ferrer |Ian Mann |Francesca Gibbons

By way of background to the appeal, the 1st to 6th respondents, in their capacity as minority shareholders, commenced derivative proceedings against the appellants. At a case management hearing, Wallbank J ordered that the issue of liability was to be determined at a split trial and that the issues of relief and quantum were to be stood over for the direction of the trial judge.

Dec 1, 2023 | reuters.com | Peter Ferrer |Gerrard Tin

A view of the London financial district seen from Waterloo Bridge in London, Britain, August 26, 2023. REUTERS/Kevin Coombs/File Photo Acquire Licensing RightsDecember 1, 2023 - Bankers and Registered Agents in UK offshore jurisdictions need to be able to execute payment requests with the comfort that doing so with reasonable skill and diligence will protect them from becoming defendants to fraud claims in circumstances where funds are misappropriated.