Claim for return of money said to be held for the claimant’s benefit by a stockbroker.
Held: Rose J dismissed the dishonest assistance claim because Daiwa’s employees had acted honestly. However, she upheld the negligence claim, while making a deduction of 25% under the Law Reform (Contributory Negligence) Act 1945 to reflect the contributory fault of Mr Al Sanea and the company’s inactive directors, for which the company was responsible
Judges:
Rose J
Citations:
[2017] EWHC 257 (Ch), [2017] WLR(D) 109, [2017] Bus LR 1386
Links:
Jurisdiction:
England and Wales
Cited by:
At First Instance – Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd SC 30-Oct-2019
. .
Lists of cited by and citing cases may be incomplete.
Financial Services
Updated: 24 April 2022; Ref: scu.575355
