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Banks Can Argue Funds Passed On UK Forex Rigging Losses

Banks Can Argue Funds Passed On UK Forex Rigging Losses
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

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British treasure hunter who salvaged £32MILLION of silver bars could be left with nothing

A British treasure hunter who salvaged £32 million of silver bars from a torpedoed WWII wreck could now lose it all in a court battle with the South African government.
Ross Hyett, 67, successfully led a treasure-hunting mission to recover 2,364 South Africa-owned bars of silver from the wreck of the SS Tilawa off the coast of the Maldives.
The ship was a Tyneside-built 10,000-ton steamer that had been taking mostly Indian nationals to South Africa in 1942 with 954 people onboard. Its cargo included 2,391 bars of silver, purchased by the South African government and destined to be turned into coins in their national mint. ....

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British treasure hunter faces losing £32m silver hoard to South African Government

British treasure hunter faces losing £32m silver hoard to South African Government
More than 2,000 bars of silver were recovered from the wreck of the SS Tilawa, which was downed by a Japanese torpedo in 1942
26 January 2021 • 3:00pm
SS Tilawa, a merchant steamer sunk in 1942 by Japanese torpedoes whilst carrying a £32m cargo of silver bars.
Credit: Champion News
A British treasure hunter who salvaged £32 million worth of silver from a World War Two wreck faces losing the fortune to South Africa, after a judge allowed his own ruling to be appealed.
Ross Hyett, 67, a British champion racing driver and financier, organised the secret operation to recover more than 2,000 bars of silver from the wreck of the SS Tilawa, a Tyneside-built 10,000-ton steamer, which was torpedoed by a Japanese submarine off the coast of the Maldives in November 1942. ....

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Webinar: Managing hearings and trials more efficiently with technology | The Lawyer | Legal insight, benchmarking data and jobs

Norton Rose Fulbright is reducing its London office space by nearly 25 per cent after a recent workspace redesign, which could cut the firm’s rent by more than £4m. The firm moved into its South Bank based – 3 More London Riverside in 2007, and originally occupied 244,000 sq ft across seven floors of the […]
9 December 2020
09:29
Webinar: Managing hearings and trials more efficiently with technology
This free to watch webinar on how the legal industry has embraced the “tech revolution” of 2020 and the challenges of virtual hearings was part of the virtual conference Managing Risk and Litigation that took place on the 18-19 November. ....

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