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Financial Misselling: Recent Work Archive: 2002-10

Successful claim against VistaJet International Ltd

Carter-Ruck has secured a substantial settlement of a High Court claim brought by a leading corporate intelligence consultancy against luxury private jet provider VistaJet International Ltd.

Partner Adam Tudor, together with Associate Isabel Martorell advised on the case.

Appeal Victory for Qatar Airways

The founding shareholders of Qatar Airways have successfully defended an appeal relating to their multi-million dollar victory in the Commercial Court in Brussels.

Cameron Doley and Saad Djebbar advised the successful shareholders.

Negligent Investment Advice

Carter-Ruck has been instructed by a very high profile individual against one of the largest Independent Financial Advisers in the UK. The case involves an investment of almost £1m in a risky feeder fund which invested indirectly in traded life policies through an offshore Luxembourg-based fund.

The individual is represented by Nigel Tait and Kate Pantling.

Film Finance Cases

Carter-Ruck is currently instructed by a variety of investors in relation to a number of disputes concerning film finance schemes, including a major Hollywood blockbuster.

Alasdair Pepper is handling these cases, with the assistance of Antonia Foster.

The Times

Carter-Ruck - "increasingly known for its work in representing Davids in their battles against Goliaths in the financial sector" -  features in The Times' discussion of the debate over access to justice in the commercial sector.

Read the article here

Financial Mis-selling Cases

Carter-Ruck is currently instructed in numerous financial mis-selling cases.  The claims total many millions of pounds and include claims of mis-selling to British nationals in other EU countries.

See The Times, 7 May 2009: "Credit-crunch victims turn to no-win, no-fee for help"

Rose Bowl

Carter-Ruck is representing a consortium of leading hotel groups in judicial review proceedings against Eastleigh Borough Council.  The consortium, comprising Macdonald Hotels, Meridian Leisure Hotels and Shire Hotels, is challenging a recent decision of Eastleigh Borough Council to finance the construction of a £32m hotel as part of a redevelopment of the Rose Bowl cricket ground, the home of Hampshire CC and a Test venue for the 2011 tour by Sri Lanka.

The consortium is being advised by Adam TudorNigel Tait and Edward Yell. Press Release

 

Sports Network - Joe Calzaghe

The firm represented Sports Network in its high profile contractual dispute against Joe Calzaghe, the world champion professional boxer, who retired undefeated earlier this year.

Sports Network was represented by Nigel Tait, Hanna Basha and Luke Staiano.

House of Lords: Chartbrook - Persimmon

Carter-Ruck represented homebuilders Chartbrook in a House of Lords appeal brought by Persimmon Homes, one of the UK’s largest home building companies, on various issues of rectification and construction of contracts.

Chartbrook are represented by Adam Tudor and Stevie Loughrey.

Brussels Victory for Qatar Airways

The founding shareholders of Qatar Airways have successfully defended a multi-million dollar claim relating to the ownership of the company in the Commercial Court in Brussels.

Cameron Doley and Saad Djebbar advised the successful shareholders.

Settlement for Pensions Claimants

The 45 Claimants in the Stax Scheme litigation settled their claims against Barclays Bank and the Bank of Nova Scotia. The 12-week trial of the claim settled on confidential terms two weeks into the trial.  
 
The Claimants were represented on Conditional Fee Agreements, coupled with After the Event (ATE) insurance totalling £6.5 million, believed to be a record for a commercial case.

The Carter-Ruck team was led by partners Nigel Tait, Alasdair Pepper and Magnus Boyd.

Carter-Ruck represents State of Qatar in dispute over Islamic Artefacts

Cameron Doley and Isabel Martorell are representing the State of Qatar in an ongoing High Court action concerning the ownership of rare Islamic artefacts.

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