11th Aug 2023News
The Bank of England’s Prudential Regulation Authority (PRA) has fined Credit Suisse £87 million for significant failures in risk management and governance in connection with its exposures to Archegos Capital Management (Archegos). The collapse of Archegos in March 2021 caused Credit Suisse worldwide losses of $5.5 billion and significant reputational damage. In June 2023, Credit […]
15th Jun 2023News
After a 14-day trial at Snaresbrook Crown Court, both defendants were acquitted of all charges, contrary to the Consumer Credit Act 1974, the Financial Services and Markets Act 2000, and the Proceeds of Crime Act 2002. Daniel Chadwick appeared for the first defendant and Lewis MacDonald for the second defendant. The prosecution, brought by the […]
27th Apr 2023News
Andrew Radcliffe KC and Chris Foulkes represented one of five Defendants at Isleworth Crown Court in the first of a scheduled series of trials where it is alleged that, in all, a large number of couriers made or attempted to make a total of 85 flights from LHR to Dubai carrying suitcases containing over £100m […]
13th Apr 2023News
Peter Lownds and Grace Forbes act for client acquitted in a multi-million-pound consumer product fraud and money laundering trial that was heard over three months at Southwark Crown Court. In a six-defendant trial, their client was the only one to receive ‘not guilty’ verdicts. Peter and Grace were instructed by Catherine Jackson of Bindmans LLP. […]
20th Jan 2023News
Sallie Bennett-Jenkins KC and Daniel Chadwick appeared for BIY Lewis MacDonald appeared for ARA In October 2022 the Court of Appeal ruled in the first instalment of conjoined appeals from preparatory hearings about the power of local authorities to prosecute consumer offences ([2022] EWCA Crim 1113], summarised by Richard Heller here. The Court, in […]
