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UK Court Grapples with Cryptocurrency Preservation and Enforcement Issues

By Claire Broadbelt & Bethany Histed on August 14, 2023
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The Shard in Central London at dusk
skyscraper in Central London at dusk

Digital assets are an increasingly important part of modern society. That was the conclusion the UK Law Commission reached in its final report on digital assets that was published recently following a year-long consultation. In addition, the Law Commission observes that the flexibility of common law allows for the development of a distinct category of personal property that can better recognise, accommodate and protect the unique features of digital assets including cryptocurrencies. 

Continue reading the full GT Alert.

Photo of Claire Broadbelt Claire Broadbelt

Claire Broadbelt, Co-Chair of the London Civil Fraud & Business Disputes Practice, represents clients on multi-jurisdictional civil fraud matters, both pursuing and defending complex claims. Her cases (which have included some of the highest value cases ever before the English High Court) often…

Claire Broadbelt, Co-Chair of the London Civil Fraud & Business Disputes Practice, represents clients on multi-jurisdictional civil fraud matters, both pursuing and defending complex claims. Her cases (which have included some of the highest value cases ever before the English High Court) often involve serious allegations of fraud or misconduct, including the diversion of business opportunities, claims of deceit, breach of confidence, breaches of fiduciary duty, conspiracy, bribery, and secret profits. She regularly handles matters which include worldwide asset-tracing and recovery, freezing and search orders, and other associated injunctions. She advises clients across a wide range of sectors including banking and finance, commodities trading, IT, retail, and property.

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Photo of Bethany Histed Bethany Histed

Bethany Histed focuses her practice on commercial litigation, civil fraud, and complex multi-jurisdictional disputes. She has worked on complex contentious cases of significant value involving allegations of fraud, conspiracy, breach of fiduciary and directors’ duties, breach of contract, claims under the Insolvency Act…

Bethany Histed focuses her practice on commercial litigation, civil fraud, and complex multi-jurisdictional disputes. She has worked on complex contentious cases of significant value involving allegations of fraud, conspiracy, breach of fiduciary and directors’ duties, breach of contract, claims under the Insolvency Act 1986, and unfair prejudice petitions under section 994 of the Companies Act 2006. Bethany also has experience of dealing with asset disclosure and preservation issues.

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  • Posted in:
    Banking, Finance and Securities
  • Blog:
    Overheard on the Block(chain)
  • Organization:
    Greenberg Traurig, LLP
  • Article: View Original Source

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