The Institute was pleased to host this thought-provoking seminar presented by Mr Duncan Matthews, QC and Ms Sara Masters, QC from 20 Essex Street. The eminent speakers shared with participants recent judicial thinking in combating fraud through the piercing of the corporate veil. In particular, the talk centred on the expansive approach adopted by the English Courts against non-cause of action defendants (the recent Ablyazov litigation) and the restrictive approach adopted in cases such as TSB Private Bank International SA v Chabra [1992] 1 WLR 231 and VTB Capital plc v Nutritek International Corp and others [2013] UKSC 5. Although there remains much debate over whether the doctrine of piercing the corporate veil exists in English law, this seminar has helpfully condensed the various view points in a bitesize lunch treat, giving the participants much food for thought. The seminar was chaired by Mr Leslie Chew, SC.
Click HERE to view more photos.