Lloyd's Law Reports

Professor Robert Merkin KC; Dr Johanna Hjalmarsson

Document

MOORE STEPHENS v STONE & ROLLS LTD

[2008] 2 Lloyd's Rep. 319

COURT OF APPEAL

Before Lord Justice Mummery, Lord Justice Keene and Lord Justice Rimer

Illegality of contract - Claim by bank against company for fraud committed against bank by controller of company - Subsequent claim by company’s liquidators against its auditors - Whether claim barred by illegal conduct of company’s controller - Ex turpi causa non oritur actio - Whether knowledge of controller imputed to company - Fraud exception in Re Hampshire Land.

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