Companies and securities law covers a wide range of practice areas involving both statutory and common law rights and remedies. Our members have experience in all aspects of company law, including shareholder disputes, breaches of directors’ duties, and the enforcement of rights and remedies arising under the Companies Act 1993. The field of securities law includes claims involving the regulation of the offering of securities to the public, compliance with relevant disclosure requirements, and enforcement actions by the Financial Markets Authority. The enforcement of security interests, and competing claims between the holders of such interests, under the Personal Property and Securities Act 1999 also fall within this practice area.
Bankside Chambers is very pleased to advise that Michael Morrison has joined its set.
In January 2022, an appeal in the case of Stanford International Bank v HSBC Bank was argued before the Supreme Court. The assumed facts (the proceedings involved a strike out) were that the claimant, now in liquidation, had not been a bona fide bank. Rather, it was nothing more than a vehicle for a Ponzi scheme. Some of the funds raised under the scheme had been held in an account with HSBC.