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Madoff Securities International Limited (in Liquidation) v Steven Raven & Ors
Author: Chris Millar
Another set-back for Madoff recoveries. Claims against the directors for breach of fiduciary duties were dismissed, inter alia, by reference to the “Duomatic” principle i.e. where it was or would have been the case that all the company’s shareholders assented to a matter which could have been carried into effect by a resolution in general meeting, thereby authorising the directors to carry out the transaction in question.
Posted on 21/02/2014 by Pam Bowring
New promotions announced at Downs
Three solicitors at the firm have been promoted to new positions from 1st July.
Remembering the late Brian Carr
It is with regret we report one of Downs Solicitors’ former Senior Partners, Brian Carr, has sadly passed away.
Chuo Tokyo University students introduced to law in the UK
A lawyer from Surrey has met with a group of Japanese graduate law students, who got the chance to see what a day in the life of an English barrister and English law firm was all about.