Generally, a person aggrieved by a contracting party or in a civil setting (as opposed to criminal) would have a right to seek legal recourse against the opposing party. To be entitled to any form of compensation, the person aggrieved must show that he has suffered some form of losses. He must also be vigilant in prosecuting his claim against the other as there is generally (there are many exceptions) a time limitation of 6 years from when the cause of action arises. The time as to when a cause of action arises is not straightforward and depends on the factual circumstances.

If one is cited as a defendant in a court action, it is very important to seek legal advice as soon as possible as there is a deadline of 14 days for a defendant to enter appearance in court. The deadline for entering appearance is not stated in any court paper(s) or notice(s).

It depends on the complexity of the dispute. But if uncontested by the other party, the anticipated time for recovery through legal process is approximately 2 months.

Directors and former directors, can be sued by the company. At the firm, we have acted in cases against directors and in cases defending directors on allegations of breach of duties in law and fiduciary duties, for failing to act in the best interest of the company.

A trust denotes a relationship where a trustee holds and controls assets of someone else or for someone else’s benefit. Such relationship may arise either through a written trust or by operation of law or even when there is no written trust in placed at the time when the trust was created. At the firm, we have successfully assisted our clients in recovering trust assets and seeking compensation against trustees for breaching its trust obligations.