HFW Successfully Defends IKON Against $370 Million Fraud Claim
(WorldNews Europe)

Global, sector-focused law firm HFW has successfully defended a substantial case of alleged fraud against London-based IKON Finance Ltd and others, originally involving claims of over US$370 million in damages. In a judgment handed down on 9 October 2018 following a 12 day High Court trial in February and March 2018, Mr Justice Knowles dismissed all the various claims made against the participating defendants in the proceedings, including IKON, bringing the more than two-year dispute to an end. In a scornful description of the claims, which as originally pleaded had sought over US$370 million in damages, the judge commented that the trial `has appeared to me little more than an elaborate and...