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London International Disputes Week 2023: Adapting To a Changing world

London International Disputes Week 2023: Adapting To a Changing World

Outer Temple Chambers is pleased to be part of London International Disputes Week (LIDW23) for a week long event from 15-19 May 2023 which will explore how the disputes community is, and should be, adapting to a changing world. Members of chambers will be presenting at four talks. With its theme: Adapting to a Changing World, LIDW23 will follow up on last year’s theme “Global, Sustainable, Ethical” and will feature a combination of a varied technical programme combined with the usual variety of social and networking events to enable participants to share ideas, to make new contacts and connections and to renew old acquaintances. Outer Temple Chambers’ barristers will collaborate with other experts and speakers for four talks during the event…

FinTech & Digital Assets, Events, News, International 11 May, 2023

Do bitcoin developers owe fiduciary duties to the true owners of a defrauded cryptoasset owner?

Outer Temple’s Anson Cheung comments on the case of Tulip Trading which was first heard in the High Court. This case generated much interest in being the first case to argue that bitcoin developers owed fiduciary duties to the true owners of a defrauded cryptoasset owner. That argument was quickly shot down in the High Court for having no prospects of success, but has now been resuscitated by the Court of Appeal. Background Following an alleged hacking and subsequent theft of keys controlling approximately £3b in cryptoassets, Tulip Trading Limited (Tulip) issued proceedings against certain crypto developers who it claimed controlled and ran 4 different bitcoin networks. Tulip claimed that the developers owed it a fiduciary duty and/or tortious duty…

FinTech & Digital Assets, Commercial, Legal Blog & Publications, News 23 Apr, 2023

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