CLAIMING AGAINST ACCOMPLICES TO ASSET DISSIPATION UNDER ENGLISH LAW

On 23 July, Reed Smith LLP published an article saying that a developing area of English Law is the use of economic torts to bring damages claims against individuals or corporate vehicles who assist in the dissipation of the assets of a judgment debtor or receive the proceeds.  It refers to fairly recent court cases and to the so-called Marex tort, by which a third party may be liable for inducing or procuring the infringement of rights arising under a judgment debt (analogous to inducement of a breach of contract).

https://viewpoints.reedsmith.com/post/102h3en/judgment-enforcement-claiming-against-accomplices-to-asset-dissipation-under-en#page=1

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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