UK court holds that DP does not own or control sums held in escrow

28 March 2024

UK court holds that DP does not own or control sums held in escrowhyotographics/Shutterstock.com

In a judgment yesterday the High Court held that an entity controlled by a DP had no right of redemption in escrow sums. In a dispute between the ABFA Commodities, formerly VTB Commodities, (the...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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