header-logo header-logo

04 September 2015
Issue: 7666 / Categories: Case law , Law digest , In Court
printer mail-detail

Financial services

Financial Conduct Authority v Da Vinci Invest Ltd [2015] EWHC 2401 (Ch), [2015] All ER (D) 77 (Aug)

The present was the first case in which, in addition to seeking an injunction under s 381 of the Financial Services and Markets Act 2000, the claimant Financial Conduct Authority invited the court to impose a penalty for market abuse under s 129 of the Act. The Chancery Division gave guidance on the relevant statutory provisions, and granted injunctions and penalties against the defendants.

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
back-to-top-scroll