A Gibraltar-based law firm and Australian financial advice firm have been added to the list of defendants in the £52m GP Noble civil lawsuit.
The second stage of the civil trial - brought to recover the money allegedly fraudulently removed from nine UK pension schemes - is set to be held in October this year. The civil litigation is running in parallel to the criminal action under the control of the Serious Fraud Office. Tony Morris is currently on trial at Southwark Crown Court, facing charges of fraud. He denies all charges, as does his co-defendant Peter Malmstrom. The civil trial is being brought by Independent Trustee Services (ITS), in its capacity as trustee of the affected schemes. Law firm Taylor Wessing is running...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes