Thomas and others v Capita Trustees Limited and other


Reference:

Date:
2nd January 2012

Court:
High Court

Comment:

Alex represented the Fifth and Sixth Defendant in this group action involving 124 individual Claimants, all investors in a number of film finance schemes. The total sums involved exceeded £30 million. The scheme involved the utilisation of certain tax reliefs introduced to promote the British film industry but the Claimants did not receive the level of tax relief they were expecting. The issues involved in the litigation involve claims in misrepresentation, breach of contract, knowing receipt of trust monies and alleged breaches of the Financial Services and Markets Act 2000. The litigation involved numerous hearings before the designated Judge, Mr Justice Vos, as well as a two day mediation.

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