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Lawyers of LCF case told by UK judge to focus on case resolution rather than compensation

By Sofia Gerace ( June 10, 2024, 12:59 GMT | Insight) -- Lawyers taking part in the UK civil proceedings of London Capital & Finance, a collapsed investment fund, have been told by the judge today that the focus should be on finding a resolution to the case rather than on the expenses to be paid for their work. The former chief executive is facing accusations from the company's joint administrators that he defrauded investors, ran a Ponzi scheme and breached his duty as CEO.Lawyers taking part in the UK civil proceedings of London Capital & Finance have been told by the judge today that the focus should be on finding a resolution to the case rather than on the expenses to be paid for their work. ...

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