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Fraud Intelligence

English court explicates collateral use of evidence

Subsequent to a dispute involving an alleged fraud on a Ukrainian bank, the English High Court has considered an application to release collateral use restrictions where the bank was also required to make a disclosure under a foreign court order. Given that parties often obtain documents during English proceedings that they would like to use for other purposes, James Clark and Joanna Leslie of Quillon Law discuss some of the "special circumstances" where they may be discharged from the obligations of a collateral use undertaking.

Subsequent to a dispute involving an alleged fraud on a Ukrainian bank, the English High Court has considered an application to release collateral use restrictions where the bank was also required to make a disclosure under a foreign court order. Given that parties often obtain documents during English proceedings that they would like to use for other purposes, James Clark and Joanna Leslie of Quillon Law discuss some of the "special circumstances" where they may be discharged from the obligations of a collateral use undertaking.

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