header-logo header-logo

Strange but true

30 January 2015 / Dominic Regan
Issue: 7638 / Categories: Features
printer mail-detail
regan_1

Dominic Regan considers a case that blurred the line between fiction & reality

There has never been a case remotely like it, ever. What follows is true. Islamic Investment Company of the Gulf (Bahamas) Ltd v Symphony Gems NV [2014] EWHC 3777 (Comm), [2014] All ER (D) 222 (Nov) concerned real litigation and remarkably, pretend litigation too.

The claimant obtained summary judgment against the second defendant, RM, for a tad over $10m back in 2002. Not a penny has been paid. The defendant with sublime elegance bobbed and weaved, securing adjournment after adjournment of all enforcement measures. Six years on in 2008 the High Court concluded that the contempt was contumacious and a hefty period of committal was the only medicine that would work.

Enter Mr Andrew Benson, a partner in a law firm. I should say at the outset that there is no suggestion of his antics being motivated by personal gain or profit. The partnership was unaware of his actions.That rather makes his activities even more opaque. I cannot better the summary given

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
back-to-top-scroll