Fund Managers Can't Duck Claims In Danish Tax Fraud Case

Law360, London (June 24, 2020, 5:01 PM BST) -- Two former employees at a British hedge fund at the center of a Danish lawsuit cannot escape claims they took part in an international scheme to cheat Denmark out of $2 billion through fraudulent tax refunds, a London judge ruled Wednesday.

High Court Judge Andrew Baker said he could not dismiss the claims against Charles Knott and James Hoogewerf, who both worked at defunct hedge fund Solo Capital — a British hedge fund run by the alleged architect of a dividend tax fraud against the Denmark's tax agency — despite the allegations being unsatisfactorily pled.

Judge Baker said the case pleaded...

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!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!