Civil Fraud: Privy Council Decision Judgment handed down in Ivanishvili v Credit Suisse [2025]

Judgment has been handed down in the Privy Council in Ivanishvili v Credit Suisse [2025] UK PC 53 in which the findings of the courts below in Bermuda were upheld in relation to the correct interpretation of certain life insurance policies where their wording was unclear, as well as confirming the measure of damages applied by the Chief Justice and rejecting arguments on a break in the chain of causation.

Richard Morgan KC led the claimants’ successful counsel team of Louise Hutton KC, Felix Wardle and Akash Sonecha of Essex Court, instructed by Sarah Rees, Conor Daly and Alexander Lepretre of Blake Morgan LLP.

Read the full judgement: Ivanishvili v Credit Suisse [2025] UK PC 53

Read the Courts press summary: Press Summary