Acting for claimants in proceedings concerning breaches of directors’ duties
Peters & Peters act for two British Virgin Islands companies, which were used as vehicles for a multi-million dollar investment in a Chinese Lottery project. The Claimants brought proceedings in the High Court against a former director and against an alleged shadow director for breach of fiduciary duty in failing to undertake adequate due diligence prior to the investment.
The claim against the former director was settled on confidential terms. The claimants applied successfully to strike out the alleged shadow director’s defence for failure to comply with the Court’s orders and obtained judgment against him for US$11.5 million. Peters & Peters continue to act for the Claimants in seeking to enforce the judgment.
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"A safe pair of hands to deal with a dispute, however urgent, difficult or contentious," (Legal 500) Jason specialises in heavyweight commercial litigation and arbitration.
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The go-to lawyer for clients accused of white-collar crime and recognised as one of the world's top investigative lawyers, Michael heads the business crime team and is author of the textbook, The Law of Criminal Cartels.