GI Globinvestment Limited and another (Appellants/Claimants) v XY ERS UK Limited and others (Respondents/ Defendants)
Tuesday 21 – Wednesday 22 July 2026
By Appellant’s Notice filed on 13 May 2025 the Appellants, GI Globinvestment Limited and another, appeals a decision of the High Court delivered on 28 March 2025 following trial.
The Claimants alleged that XY ERS UK Ltd, its CEO, and others had fraudulently induced them to invest in products including the Skew Base Fund, while falsely presenting XY as an independent and conflict-free investment adviser.
The Judge found that XY had acted as an investment adviser, owed fiduciary duties, and had represented itself as independent and free from conflicts. However, the allegations of fraud, breach of fiduciary duty, dishonest assistance, and unlawful means conspiracy failed. The claims against all defendants were therefore dismissed, following a 28-day trial.
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