IlliquidX - a leading distressed debt specialist - has issued High Court Proceedings in the UK against Altana Wealth and others in relation to the launch of the Altana Credit Opportunities Fund SPF.
LONDON, UK (October 22, 2020) – Illiquidx Limited has recently filed legal proceedings in the High Court of Justice of England and Wales against co-defendants Altana Wealth Limited and Brevent Advisory Limited, together with the respective founders and directors of those companies, Lee Robinson and Steffen Kastner.
The proceedings allege breaches of contract and confidence, as well as infringements of trade secrets and copyright, in respect of the Altana Credit Opportunities Fund SPF (the “ACOF Fund”) and investments in Venezuelan debt.
IlliquidX are represented in the litigation by Waterfront Solicitors LLP and the defendants by Fieldfisher LLP.
The legal proceedings continue and will likely be listed for trial in 2021.
Press release distributed by Pressat on behalf of Waterfront Solicitors LLP, on Thursday 22 October, 2020. For more information subscribe and follow https://pressat.co.uk/