Mayer Brown Guides Ashurst to Victory in $70M Securities Dispute
An Austrian bank had sought to lift legal privilege on correspondence between Ashurst and its client concerning the transfer of funds.
January 28, 2020 at 05:37 AM
2 minute read
Ashurst won a dispute with Austrian-headquartered investment bank, Raiffeisen Bank (RBI), over a case concerning millions of pounds worth of securities.
The bank had appealed a previous ruling to lift legal privilege related to correspondence between Ashurst and its client concerning the transfer of client funds.
Handing down his judgment, Lord Justice Males ruled that the correspondence between Ashurst and its client was still subject to privilege.
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