In Asertis Ltd v. Bloch,[1] in the context of a security for costs application, the English High Court determined that it could give no value to an ‘after the event’ (ATE) insurance policy even though it was supplemented with an ‘anti-avoidance endorsement’ (AAE). The policy at issue does not appear to have met market norms – in particular, it did not provide benefits directly to the defendant.
High Court Takes Practical Approach to Procedure in Enforcement of New York Court Judgment on Crypto Fraud
Tai Mo Shan Ltd v. Persons Unknown[1] is the latest in a series of cases in which the English courts have demonstrated their willingness to make practical procedural decisions to assist the victims of crypto fraud. In this case, the High Court of England and Wales granted the claimant permission to serve out of the jurisdiction in order to enforce a judgment of a New …