Bankside’s Philip Skelton QC to lead counsel team in CBL Corporation class action

IMF Bentham has teamed up with Glaister Ennor to go after CBL Corporation in a shareholder class action.

Philip Skelton QC, Sam Jeffs and Carter Pearce from Bankside Chambers have been engaged by Glaister Ennor as counsel in the action seeking compensation for shareholders of the failed New Zealand insurance company. The suit will allege that CBL, the ultimate parent company of CBL Insurance, breached its obligations to keep shareholders properly informed about CBL’s French insurance business.