Experienced Expert Witnesses who has very wide experience in Private Banking, Investment Management issues, Wealth Management and Tax. During recent years we have dealt with a multitude of client situations and resolved them to the satisfaction of the parties involved. A specialist in dispute resolution with financial institutions and over the last few years and has been involved in the following cases with the following themes: 1) A case brought against a firm of accountants which had been involved with a client who had taken out a multi-currency mortgage. 2) A portfolio which had been managed with an inappropriate risk profile and substantial costs had been incurred through investment in over risky assets. 3) Investment managers obligations in the provision of advice. 4) Investment managers obligations in execution of client instructions. 5) A reporting error in the quarterly valuations sent to the client, which showed a grossly inflated valuation. 6) Deduction for US income tax made when client had not completed appropriate documentation. 7) Investments which had been make which were inappropriate for the client. 8) Errors where limit orders had not been executed. 9) Substantial losses incurred through investments in future and options and open derivatives. Tel: +44 20 7884 1000 Fax: +44 20 7884 1011 Email: [email protected]
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Banking, Investment & Regulatory Expert Witness and Director of Expert Evidence Limited
Further clarification on how banking contracts should be understood. A bank is not allowed to act in a way that is irrational, arbitrary or capricious but may act in their own self interests. This case will be of interest to both lenders and borrowers for the future. See: https://bit.ly/3W7vE0V #banking #lending #litigation #law #braganza
Great success for Stephen Taylor at Expert Evidence International, an IT specialist, who was providing expertise in the case of Operation Barbados. The defendant was acquitted unanimously by the jury. Daniel King of Forbes Solicitors said "His report was detailed, well-reasoned, and demonstrated a deep understanding of the technical and commercial aspects of the case." See: https://bit.ly/45Wh2WU #Criminaltrial #ExpertReport #IT #Computers
The decision of the UK Supreme Court in the Hayes and Palumbo case reverses the decisions of their original trials and two appeal court hearings. See: https://bit.ly/4lZLDta It was decided that the original direction by the judge that a financial institution could not have a commercial interest in the setting of an interest rate was wrong. This enabled the UK's highest court to exonerate the two as the juries had been mis-directed. This brings the UK financial regulation into line with other major financial centres. #LIBOR, #Crime, #Appeal, #FinancialMarkets
Interesting case where Expert Evidence provided the banking experts who were congratulated on being “measured and thoughtful”. A poor valuation was not enough for Skykomish to win the case, as the court decided that poor timing had led to the losses incurred. As a result the claim failed. To read more see: https://bit.ly/4lEOGqt #lending #surveyors #valuers #litigation #banking
Important case highlighting the challenges faced by lawyers as historic common law intersects with new technologies. Claimants have the opportunity to revisit their claims with a new perspective. Read more: https://bit.ly/44St98t #IPR #IntellectualProperty #Litigation #NewTech
Mistakes and errors can be costly, expensive, and embarrassing. This case investigates a situation where a "manifest error" resulted in a major court case and repayment of a premium amount of £3.6m plus costs. See: https://bit.ly/4iDNn9b #Expertevidence #expert #litigation #law
An awfully long and drawn out case involving Russian parties and with forged reports tendered as evidence to cause loss. The case explains well the Norwich Pharmacal principle which gives the Court the jurisdiction to allow a prospective claimant to obtain information in order to seek redress for an arguable wrong. See: https://bit.ly/42kYyP2 #litigation #fraud #report #forgery #russia
An interesting case which focuses on the relationship between a client and a private bank offering investment services. Here a relationship manager mentioned (and without recommending) an investment in a fund and informed the client that the fund was not a bank's recommendation. The client sought to prove that because the relationship manager worked for the bank, used the bank's email and subsequently said that this was his favourite pick for the year ahead, so the bank was liable for any losses. In the event the fund was shown to be a massive fraud and all investment was assumed to be lost. The bank's arguments prevailed on all counts in the final judgement in the Singapore High Court. See: https://bit.ly/43eeP9E #ExpertWitness #Litigation #SingaporeHighCourt #Legal
The recent case of Barclays v FCA regarding the Qatari fund raising in 2008 has established important principles regarding the provision of information to the market and potential investors. Ausaf Abbas (https://lnkd.in/dbPuyANY) of Expert Evidence is very pleased to have been engaged to provide advice on the dispute. The outcome reinforces the need to maintain ethical standards and fully disclose pertinent information to investors and the market, thereby fostering trust and stability within the financial system. See: https://bit.ly/4h7qLho #Regulation #Finance #StockMarket #Trading #DisputeResolution
Expert Evidence reposted this
As we run into the Supreme Court consideration of the criminal convictions for the manipulation of LIBOR, we see the first of the cases brought concerning the replacement of the benchmark index by an alternative. This case brings some clarity but within the confines of the particular contract used. See: https://bit.ly/4fxv1Fc #LIBOR #SOFR #Lending #Banking We wish all our clients and potential clients a happy festive break, a very merry Christmas and a prosperous 2025.