Dealing with economies of truth

Some of recent instructions include:

Claim of deceit against a director

Acting on behalf of a consortium of investors claiming the finance director of a media publishing company inflated group accounts to procure additional investments.  The finance director left the business fairly promptly.

Defending a claim for misrepresentation

Defending a misrepresentation breach of contract claim on behalf of certain sellers of a company on the basis that the claimant knew of the target company’s long term liabilities.   The case fell down due to lack of evidence.

Shareholder wrongdoing

Bringing a deceit claim against a corporate shareholder who sought to transfer business assets through a web of offshore companies. The asset was traced and returned to the beneficial owner.

Reaching settlement

Preparing settlement documentation on behalf of claimants pursuing a conflicted director who transferred company assets to a company controlled by him at an undervalue. The director then adjusted the accounts to hide the transfers.