Abela v Badaraani


Reference:

Date:
9th June 2015

Court:
Chancery Division

Facts:

Mark obtained judgment for a total of $20 million acting on behalf of the claimants in this well-known long-running civil fraud claim involving complex procedural issues and protracted litigation in Italy and the Lebanon.   The claim revolved around allegations that the claimants were fraudulently induced to buy worthless shares by a number of co-conspirators.


Comment:

This judgment was the culmination of a series of procedural applications and shows the importance of laying a solid foundation when seeking judgment based on failure to comply with the orders of the court and when resisting applications for relief from sanction.

Mark was instructed by PCB Litigation LLP.

Associated Members:


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