Financial services directors disqualified for trading while insolvent

Two financial services directors have been disqualified for continuing to trade and take money from clients while their company was insolvent. Paul Rossi was a director of Independent Derivative Traders Ltd. The company traded as ‘Futex’ and provided access to a financial markets trading platform for sub-contracted independent traders. He was joined in the management

Company loses $3m because of conflicting contract terms

Company Commercial

A company has lost $3m dollars because it had agreed to contradictory contract terms when entering into a purchase agreement. The case involved Septo Trading Inc, which contracted to import fuel oil supplied by Tintrade Ltd. The terms were recorded in an email confirmation (the Recap). A clause in the Recap stated that a quality

    Request a callback

    One of our highly experienced team will be in touch with you shortly.