Training & Knowledge: Business Crime & Financial Services

13th Sep 2021Articles

[Dr] No risk of dissipation – Les Ambassadeurs Club Ltd v Yu

The test for “a real risk of dissipation” has been clarified by the Court of Appeal in an important and high-profile judgment Les Ambassadeurs Club Ltd v Songbo Yu [2021] EWCA Civ 1310. Between 27 April and 1 May 2018 Mr Yu, a Chinese high-net-worth businessman, used cheques to purchase £19 million worth of chips […]

8th Sep 2021Articles

New Sentencing Guidelines for unauthorised use of a trade mark by individuals and organisations

Introduction The unauthorised use of a trade mark is an “unfamiliar offence“[1] which rarely comes before the courts. In 2019, around 370 adults and 40 organisations were sentenced. Until now, sentencers in the Magistrates’ Court had available to them a brief guideline for sentencing individuals.[2] However, there were no guidelines for sentencing organisations and none […]

25th Jun 2021Articles

Technology & Strategic Export Controls

Do you need a licence to send your technology abroad? In this webinar, hosted by DAC Beachcroft, Gavin Irwin and Tim Ryan (Partner and Head of Technology at DACB) explore some of the complex issues that can arise in relation to export controls on software, AI and cutting-edge academic research. As the UK takes an increasingly tough […]

16th Jun 2021Blog

Cryptocurrency – As the CPS prepares for a surge in fraud, the FCA begins to regulate

Cryptocurrency fraud Cryptocurrency is nothing new; Bitcoin was first created back in 2009. However the unprecedented rise in its value over the past year has led to increasing numbers of people investing in cryptocurrencies or other ‘crypto-assets’ which in turn has driven a surge in scams. Some are simply Ponzi schemes where investors are persuaded […]

26th Apr 2021Blog

‘Big Tech Beware’

The ongoing COVID-19 pandemic has caused disruption and immeasurable change to the lives of most ordinary people around the world. Many have paid a serious financial price in this chaotic period following the first spate of lockdowns around the world in early 2020. However, there have been some major beneficiaries who have profited significantly from […]