Author: Azizur Rahman 8 November 2023
Aziz Rahman said that the Supreme Court ruling that Denmark can seek to recover the £1.44 billion proceeds of Cum-Ex in the UK is a notable success for the Danish tax authorities.
He explained that the ruling will reassure other countries that are looking to recoup huge amounts of money that they paid out due to Cum-Ex.
Denmark, he said, had shown "dogged persistence" in pursuing its case and the ruling will "reverberate around the world" amid ongoing litigation over the billions paid out over Cum-Ex.
Both Reuters and GIR (subscription required) published his thoughts on the case.
Aziz Rahman is Senior Partner at Rahman Ravelli and its founder. His ability to coordinate national, international and multi-agency defences has led to success in some of the most significant corporate crime cases of this century and top rankings in international legal guides. He is recognised worldwide as one of the most capable legal experts regarding top-level, high-value commercial and financial disputes.