In a recent decision, the High Court held that legal advice taken in relation to certain transactions was not protected by privilege, as there was prima facie evidence that the purpose of the advice was to structure the transactions in a way that avoided the client’s liability to pay local authority care charges and/or as a transaction defrauding creditors: London Borough of Brent v Kane [2014] EWHC 4564 (Ch).
United Kingdom, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Fraud, High Court of Justice (England & Wales)
In Rubin v Eurofinance SA [2012] UKSC 46, the Supreme Court (by a majority of 4 to 1) reversed the Court of Appeal’s unanimous decision and held that the English court would not enforce a judgment made by the New York court in insolvency proceedings to which the defendant did not submit.
United Kingdom, USA, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Common law, Court of Appeal of England & Wales, UK Supreme Court