PCB Byrne reaches a settlement of the SKAT litigation, on behalf of a group of five defendants.

PCB Byrne has successfully settled all claims against its clients in the now ubiquitous SKAT litigation, a ￡1.44 billion set of Commercial Court proceedings commenced by Skatterforvaltningen (the Danish tax authority) in 2016.

The proceedings are brought against more than 100 defendants and concern what is said to be a massive fraudulent scheme, involving the submission of false tax rebate claims. The case is among the largest ever to come before the Commercial Court and the subject of a one-year trial, which is currently part-heard.

PCB Byrne acted for former Solo Capital executive Darren Lui and associated companies. The team working on the matter was led by partner Ben Davies , with support from senior associates Marie Smale and Alice Roberts . Counsel were Keir Howie and Julia Gibbon Julia Gibbon of 7KBW.