A Mourant Ozannes team consisting of Guernsey litigation partner Christopher Edwards and associates Michaela Ryan and Rocco Cecere have had another significant success for their client Garnet Investments Limited ("Garnet"), by successfully quashing a decision of the Financial Intelligence Service (the "FIS") to refuse consent to a Guernsey bank to transfer funds held by Garnet.
"This was an important case both for Garnet and also for Guernsey generally, and it was wonderful to work with someone as steeped in the area as Andrew. His years of experience, and calm, accessible manner, were of great benefit in navigating uncharted waters, and presenting our written arguments in a manner which the Judge found "illuminating."
This was a complex but extremely interesting case.
Mourant Ozanne have produced very helpful briefing note. Click here: to download it.