Cases & Deals

Langbar International board successfully resolves fraud claims after 56-day trial

Client(s) Langbar International Limited

Jones Day advised the board of Langbar International Limited (the AIM-listed company that was believed to have assets in excess of $600 million) on matters arising out of the largest fraud to hit the AIM market. The matter was successfully settled after 56 days of trial with Langbar recovering in excess of €50 million.

Langbar International Limited v Rybak & others (Claim No. HC06C00717)