Lewis Brisbois’ Post

A settlor is the person who establishes a trust by transferring assets or property to the trustees for the benefit of the beneficiaries. The settlor plays a key role in defining the terms and purpose of the trust. For more details on trust structures, visit https://buff.ly/47vd3AL #Settlor #Trusts #InvestaxServices #EstatePlanning #FinancialAdvice

In a #recent judicial saga that unfolded in Leicester Crown Court, a group of individuals found themselves entangled in a web of deceit and financial malfeasance. At the center of this intricate scheme stood Neale Rothera, a convicted #fraudster with a knack for orchestrating elaborate #cons. His latest endeavor, cloaked under the guise of legitimate business ventures, left banks reeling, and justice demanding retribution. The #narrative, unveiled through painstaking investigations by the #InsolvencyService, revealed a carefully crafted operation spanning years. Rothera, along with his accomplices, devised a #scheme that exploited the mechanism of #invoice factoring, a legitimate financial practice facilitating businesses in accessing funds tied up in unpaid invoices. Under the banner of four seemingly legitimate companies purportedly dealing in carpets and furniture, Rothera and his associates executed a meticulously planned #fraud and #moneylaundering scheme. Thistle Interiors Ltd, Sorrel Trading Ltd, Wakefield Trading Ltd, and Penn Interiors Ltd, on the surface, appeared to engage in regular commerce. However, investigations uncovered a different reality - a facade constructed to #deceive financial institutions. Rothera's previous conviction for fraud in 2011 seemed to serve as a mere setback, not a #deterrent. Undeterred, he recruited willing participants to act as figureheads for his ventures, exploiting their clean records to secure #credit agreements with banks. Simon Wakefield, Frederick Penn, Shona Walters, and Laura Perkins #willingly played their parts in the charade, facilitating the flow of #ill-gotten #gains while Rothera pulled the strings from the shadows. The #repercussions of their actions reverberated through the financial sector, leaving banks grappling with losses surpassing half a #million pounds. #Funds acquired through #fraudulent means were not only used to sustain the operation but also to settle Rothera's previous legal obligations stemming from a conviction in Scotland. However, justice eventually caught up with the perpetrators. In the ruling, Rothera received a sentence of #six years and four months behind bars, accompanied by a nine-year disqualification as a company #director. His cohorts faced their own legal reckoning, albeit with varying degrees of severity. The verdict serves not only as a testament to the #diligence of #investigative bodies but also as a stark #warning to those contemplating similar #illicit ventures. The intricate web spun by Rothera and his associates ultimately unraveled in the face of #justice, highlighting the resilience of legal systems against sophisticated forms of #fraud. To know more about case, please refer to the link mentioned in comments. #Financialfraud #Moneylaundering🏛️

Understanding Credit Scores BC Licensed Insolvency Trustee and President of Sands & Associates Blair Mantin shares tips for establishing a positive credit history and boosting your credit rating. Learn more here: https://bit.ly/3W0tMXE #CreditScore #CreditRating #CreditHistory #CreditReport #Debt #Credit #DebtExpert #KnowingIsNotOwing

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Bankruptcy Trustee Sale - NEW PRICING   As the Chapter 7 Trustee, Marc P. Barmat, Partner, Furr Cohen, I ask that you kindly share this post with anyone who you think may be interested in this property.    Complete details below. Thank you so much - #bestlawfirm2024 #bestlawyers #furrcohen #bankruptcy #bankruptcylaw #commerciallitigation #bocaraton #rebuildingfuturesrestoringconfidence #bocaraton #team #bankruptcyandbusinessreorganization #bankruptcylitigation #businessandcommerciallitigation #assignmentforthebenefitofcreditors #receivership #fortyyears

The impact of bankruptcy on your credit score is significant, but it's just one part of the bigger picture. Knowing what to expect can help you plan for recovery, and we're here to support you in making informed decisions! Let's craft a plan to fit your needs! 💼⚖️ 602-635-9102 www.lvslawaz.com #LeonardSominsky #LeonardVSominsky #EstatePlanningAttorney #ProbateLitigation #BankruptcyAttorney #TrustAndEstateLitigation #PowerOfAttorney #InsolvencyLaw #Trusts #WealthProtection #WillPlanning #FamilyEstate #ProbateAttorney #DebtSolutions #InheritanceLaw #TrustLaw #ProbateDisputes #PhoenixLawyer #PHX

An impartial decision-maker can make the administration of a trust or estate much more harmonious for families. Whether it is neutrality to prevent conflict between beneficiaries, tax and investment expertise or multigenerational continuity, a corporate fiduciary like Bank of America is often be the best option. Learn more about corporate fiduciaries in the great read below. #trustsandestates #corporatefiduciary #bofa https://lnkd.in/g3u5zZi4

DVC member Brian Fan gave insight into the effects of the HK Court of Appeal's decision(s) in the "Guy Lam" chronicles this morning at a breakfast roundtable organized by Roubrick. The participants discussed the likely implications of and issues arising from the Court of Final Appeal's landmark judgment in Re 𝑮𝒖𝒚 𝑲𝒘𝒐𝒌 𝑯𝒖𝒏𝒈 𝑳𝒂𝒎 (2023) HKCFAR 9, and following 𝑮𝒖𝒚 𝑳𝒂𝒎, the twin decisions of the Court of Appeal in 𝑹𝒆 𝑺𝒊𝒎𝒑𝒍𝒊𝒄𝒊𝒕𝒚 & 𝑽𝒐𝒈𝒖𝒆 𝑹𝒆𝒕𝒂𝒊𝒍𝒊𝒏𝒈 (𝑯𝑲) 𝑪𝒐 𝑳𝒕𝒅 [2024] HKCA 299 and 𝑨𝒓𝒋𝒐𝒘𝒊𝒈𝒈𝒊𝒏𝒔 𝑯𝑲𝑲 2 𝑳𝒊𝒎𝒊𝒕𝒆𝒅 𝒗 𝑺𝒉𝒂𝒏𝒅𝒐𝒏𝒈 𝑪𝒉𝒆𝒏𝒎𝒊𝒏𝒈 𝑷𝒂𝒑𝒆𝒓 𝑯𝒐𝒍𝒅𝒊𝒏𝒈𝒔 𝑳𝒊𝒎𝒊𝒕𝒆𝒅 [2024] HKCA 352. Speakers analysed the origins of the dispute, the difficult legal questions to be resolved, and whether loan agreements in general are too "covenant light". It has become vitally important to understand the loan terms today, and lenders are heavily weighed down by them. There was a lively discussion as the table explored the issues and implications, including clarity and the concept of frivolity. The roundtable was also joined by Alexander Tang, Bryan O'Hare, Jason Tam, Justin Davis, Justin Ho, Richard Baird, Tim Au, Wesley Pang and 呂致延. #DVC #DesVoeuxChambers #Case #roubrick #roundtable #insolvency #loan

Bankruptcy Trustee Sale   Chapter 7 Trustee, Marc Barmat (Partner, Furr Cohen) asks that you kindly share this post with anyone who you think may be interested in this property.    Complete details below. Thank you so much - #bestlawfirm2024 #bestlawyers #furrcohen #bankruptcy #bankruptcylaw #commerciallitigation #bocaraton #rebuildingfuturesrestoringconfidence #bocaraton #team #bankruptcyandbusinessreorganization #bankruptcylitigation #businessandcommerciallitigation #assignmentforthebenefitofcreditors #receivership #fortyyears

Honigman #Corporate partner, Michael Bell, is currently advising Hudson Valley Credit Union in its acquisition of eight Berkshire Bank branches. Bell has been involved in over 55 whole-bank agreements, plus additional bank branch purchases. To learn more about this latest deal and our financial institutional practice, read more here: https://lnkd.in/gyS9XPQR #BranchDeals #FinancialServices #IndustryTrends