Ian Wilson wins Fraud Claim for Clydesdale Bank
8 February 2017
Clydesdale Bank v Stoke Place [2017] EWHC 181 (Ch)
Ian Wilson acted for the successful bank in a £17m fraud claim. The defendant had deceived the bank into releasing its security over a valuable hotel-owning company and had been party to a conspiracy to procure the misappropriation of over £17m of the bank’s funds under the guise of a “property development facility” which was in fact unauthorised.
Following a 3-week trial in June-July 2016, Mr Justice Nugee handed down judgment on 7 February 2017 finding in favour of the bank on all of its claims.
Ian was instructed by Rob Payne of Gateley PLC.
Read the full judgment of Mr Justice Nugee.
