Avoiding the consequences of a judgment by transferring money to a different account is probably one of the least honest things that you can do. However in this case the attempt to recover that loss looked to be prevented by something called the 'reflective loss principle'. It is up to the Supreme Court to decide how this principle should operate and we discuss whether such a principle has any place in the UK legal system at all. Music from bensound.com
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Sevilleja v Marex Financial Ltd [2020] UKSC 31
uklawweekly.substack.com
Sevilleja v Marex Financial Ltd [2020] UKSC 31
Sep 14, 2020
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Sevilleja v Marex Financial Ltd [2020] UKSC 31