When the perpetrator of a fraud appears to be beyond reach, there are usually other claims that can be pursued. Prompted by the rise in interest in third party litigation typified by the attempts by the victims of Bernard Madoff’s US$65 billion Ponzi scheme to seek damages from the SEC and Mr Madoff’s banks, this month we are taking a look at third party litigation. Matthew Blower outlines the type of claims that may be brought under English law against third parties.
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