Even pariahs have rights
16 June 2022

‘Even pariahs have rights’

Dominic Carman


BVI judgment identifies competing duties in representing sanctioned clients. Are law firms now ‘moral policemen’?

It is a judgment that divides opinion about a law firm’s duties: to the court, to their client and to comply with sanctions directives. Normally, no conflict arises between them. But in March, Mr Justice Jack denied Ogier’s application in the BVI to come off the record in advising the (now sanctioned) Russian bank, VTB – Russia’s second-biggest lender. Ogier had been advising VTB over proceedings in the BVI Commercial Court to enforce Russian judgments against several Russian businessmen and various related businesses. As a British Overseas Territory, UK sanctions automatically extend to the BVI.

Related News

June 2022 News

Gibraltar, the Financial Action Tax Force and “increased monitoring”

Hassans partner Grahame Jackson outlines Gibraltar’s progress in improving its compliance with FATF standards

June 2022 News

Law Commission proposals on corporate criminal liability

On 10 June 2022, the Law Commission published an options paper for the Government on how it can improve the law to ensure that corporations are effectively held to account for committing serious crimes. Tom McNeill and John Binns of the Financial Crime team at BCL Solicitors analyse the key points.

June 2022 News

Ogier Leman merger

An offshore force in Dublin’s legal market

June 2022 News

Turmoil offshore

Law firms rise above the BVI’s ‘bad governance’ and ‘serious dishonesty’