Eshraq Investment v Shehab Gargash and Others
Maria Mulla succeeds in defending all claims on behalf her clients Shehab Gargash, Daman Investments PSC, and Daman Real Estate Capital Partners Limited against claims advanced by Eshraq Investments PJSC with a combined value of 6,284.002.98 AED. ...
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Raier v Correa and others
9 June 2023, Grand Court of the Cayman Islands, Financial Services Division. Richard Morgan KC and Rosanna Foskett acted for the successful Defendants, instructed by Richard Annette and Adam Russell-Knee of Stuarts Walker Hersant Humphries....
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Three new tenants join Maitland
Congratulations to our pupils, Kendya Goodman, Jason Mitchell and Georgia Terry, who have all accepted invitations to join Maitland upon successful completion of pupillage. Head of Chambers, Michael Gibbon KC, said “We are delighted that Kendya, Jason and Georgia will be joining us. They are all exceptional, and we look forward to watching their practices flourish at Maitland over the coming years”. They will start their tenancies with us in September 2023, adding additional talent to our outstanding junior barristers....
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Global Distressed Alpha Capital I Limited v Herman – an important decision for Bermudian directors
On 23 June 2023 the Bermudian Court of Appeal (Sir Christopher Clarke P, Gloster JA, Smellie JA) handed down judgment in Global Distressed Alpha Capital I Limited v Herman [2023] CA (Bda) 12 Civ. Gregory Banner KC acted for the appellant, GDACI, successfully arguing that the usual broad Bermudian indemnity for directors contained in bye-laws of GDACI did not apply to a claim to account for unlawful profits or gains, even when fraud was not alleged; such claims were governed exclusively, and permitted, by a differently framed bye-law. ...
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Credit Suisse Life (Bermuda) Limited v Bidzina Ivanishvili & Ors [2023] CA (Bda) 13 Civ
Richard Morgan KC (who did not appear below), leading Louise Hutton KC and Felix Wardle, instructed by Hurrion and Associates in Bermuda and Blake Morgan in London, appeared on behalf of the successful respondents opposing an appeal by Credit Suisse Life against a US$607 million judgment entered against it in March 2022 relating to the extensive frauds perpetrated in the course of the mismanagement of the respondents’ investments....
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New Head of Chambers
We are delighted to announce that Michael Gibbon KC has been elected as Maitland’s new Head of Chambers. Michael is a leading Silk at the Commercial and Chancery bar, with a substantial caseload across our core areas of practice. His profile is here....
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Matthew Collings KC, Christopher Parker KC and Catherine Addy KC feature in Business Today Articles
Matthew Collings KC, Christopher Parker KC and Catherine Addy KC feature in articles produced by Business Today.Christopher features in 'Legal Powerhouses: Unmasking the UK’s Offshore (Bar) Lawyers Changing the Game' and Matthew and Catherine in 'Inside the Courtroom Battle: Get to Know the UK’s Top Commercial Chancery Lawyers'.Both articles were produced today (6th June) and can be viewed here: https://businesstoday.news/ins... and https://businesstoday.news/leg.... ...
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Re Xpress Money Services Limited (in Special Administration) [2023] EWHC 1120 (Ch)
Michael Gibbon KC and Ryan James Turner appeared on behalf of the Special Administrators of Xpress Money Services Limited (the “company”) in the first application to approve a distribution plan under the Payment and Electronic Money Institution Insolvency Regulations 2021 (the “Regulations”)....
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Goyal & Anor v BGF Investment Management Limited & Ors [2023] EWHC 1180 (Comm)
On 26 May 2023 Mr Justice Butcher handed down judgment in Goyal & Anor v BGF Investment Management Limited & Ors [2023] EWHC 1180 (Comm). David Mumford KC and Ryan James Turner acted on behalf of four of the defendants in successfully resisting a claim for damages for deceit and unlawful means conspiracy in excess of £40 million following a three-week trial in the Commercial Court. ...
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