Bank not liable for fraud of customer The appellant sought to make the bank liable for a fraud committed by the Bank’s customer, the appellant saying that the Bank knew or ought to have known of the fraud. The court was asked whether a party liable only as a dishonest assistant was a trustee, and … Continue reading Williams v Central Bank of Nigeria: SC 19 Feb 2014
Blackburne J assumed that a plea of accessory liability was covered by s.21(1)(a). Judges: Blackburne J Citations: [2002] EWHC 855 (Ch) Statutes: Limitation Act 1980 21(1)(a) Jurisdiction: England and Wales Cited by: Cited – Williams v Central Bank of Nigeria QBD 8-Apr-2011 The claimant had been defrauded by a customer of the defendant bank. He … Continue reading Schulman v Hewson and others: ChD 2002
Applications were made to amend pleadings and for consequential orders. The claimant sought damages of $4.3 billion alleging breach of trust. The claimant sought to add claims which the defendant said were out of time. Held: The proposed amendment was refused. ‘It is open to the Claimant to bring claims for breach of trust or … Continue reading Berezovsky v Abramovich: ComC 22 May 2008
The first defendant solicitor misappropriated money from an estate he was administering. The beneficiaries later commenced proceedings against his wife, alleging knowing assistance. She said that that claim was out of time. The claimant responded said that any limitation period was disapplied as ‘any fraud or fraudulent breach of trust to which the trustee was … Continue reading Cattley and Another v Pollard and Another: ChD 7 Dec 2006
The claimant had been defrauded by a customer of the defendant bank. He brought a claim against the bank, saying that they knew or ought to have known of the fraudster’s activities, and were liable. The Bank denied that the UK courts had jurisdiction saying in particular that no claim arose because it would be … Continue reading Williams v Central Bank of Nigeria: QBD 8 Apr 2011
Innocent Co-Trustee not Liable for Default Proceedings were brought by former clients against their former solicitors. One of the partners stole money held in the firm’s client account on behalf of the claimants. The other two partners were entirely innocent of, and in no way implicated in, the frauds. Some of the losses sued for … Continue reading Dixon Coles and Gill (A Former Firm) v Baines, Bishop of Leeds and Another: CA 20 Jul 2021
The company sought to recover damages from a director who had acted dishonestly, by concealing a financial interest in a different company which had made loans to the claimant company. He replied that the claim was out of time. At first instance the first defendant had been found dishonest through non-disclosure, and that section 21 … Continue reading DEG-Deutsche Investitions und Entwicklungsgesellschaft mbH v Koshy and Other (No 3); Gwembe Valley Development Co Ltd (in receivership) v Same (No 3): CA 28 Jul 2003