The English courts have been applauded for the “flexible approach” they generally have taken to enable victims of digital asset frauds and thefts to obtain effective relief.
Owners of digital assets too often have fallen victim to thefts and scams, and then are left struggling to find ways to recover what was taken from them. In recent months, the English courts have seen a flurry of rulings in such litigations, particularly when it comes to issuing injunctive relief, as injured plaintiffs explore various tactics for making themselves whole. These rulings are helping to write a playbook about which litigation approaches and tactics may be successful for such digital asset holders and which may not.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain law column.
Download the full New York Law Journal article, "The British are coming — to the aid of crypto scam victims."
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On 24 October 2024, the Court of Justice of the European Union (CJEU) confirmed that the European Commission’s (the EC) 2009 decision, which imposed a (then record) €1.06 billion fine on Intel, was flawed as far as it found that loyalty rebates granted by Intel had anti-competitive effects.
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The Dutch tax classification system for non-Dutch entities will undergo significant changes as of 1 January 2025.
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In King Crude Carriers SA & Ors v Ridgebury November LLC & Ors [2024] EWCA Civ 719 the Court of Appeal held that the claimant sellers (the Sellers) were entitled to claim the deposits promised under sale contracts as a debt despite the defendant buyers’ (the Buyers) breach of contract, which had resulted in the non-fulfilment of a condition precedent to the payment of the deposits.
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