Last week, following a three-month trial, Mr Justice Henshaw handed down judgment in Alta Trading UK (formerly known as Arcadia Petroleum Limited) v. Bosworth [2025] EWHC 91 (Comm).
This was a long-running dispute, which has come before courts at various levels in England and Wales and abroad, regarding an alleged US$325 million West African crude oil trading fraud, in particular surrounding 144 crude oil transactions which took place between 2007 and 2013. The case was heard in the Commercial Court from May to July 2024.
The Judgment summarises the law relating to dishonesty, unlawful means conspiracy, breach of fiduciary duty, dishonest assistance and knowing receipt, as well as some issues of Swiss law.
Amber Turner acted as junior counsel for the Claimants at trial, instructed by Grosvenor Law.
Read the full judgment here.