Overview

This litigation update from Macfarlanes looks at the recent case of Madoff Securities International Ltd v Raven and others in which the English Commercial Court ruled that it did not have jurisdiction to hear a claim by the liquidators of the UK entity against European based defendants (not domiciled in England). In looking at the case, Macfarlanes analyses the following areas:

• the overarching claims;


• the applications immediately before the court;


• the judgements regulation and "anchor defendants";


• the arguments on jurisdiction;


• the decision; and


• comment on the case.

Click 'View Briefings' to read on.