Ex-RBS Trader Loses Suit Over Film Investment Scheme
Law360, London (July 4, 2019, 10:41 AM BST) -- A London judge dismissed on Thursday a lawsuit brought by a former Royal Bank of Scotland trader against Greystone Financial Services Ltd. over allegations that a former director misled him about the legality of a controversial film industry investment scheme more than a decade ago.
High Court Judge Christopher Nugee said Vincent Walsh, a former senior equities trader, had "no claim" for lost wages and court fees against Greystone, a financial advisory company, in connection with several projects to invest in movie film productions from the early and mid-2000s.
The judge said that Walsh could not blame the former Greystone director, Neil Williams-Denton, for his losses...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!