Isle of Man court bans directors of failed firm

Pedro Gonçalves
clock
Isle of Man court bans directors of failed firm

Three directors from collapsed investment firm Louis Group (IoM) have been banned from the financial industry worldwide by an Isle of Man court for a period ranging from 5 to 12 years. Alan Louis, the head of a failed island investment firm, as been banned from acting as a company director for 12 years. Two other directors of Louis Group (IoM), Lukas Nakos and John McCauley, were disqualified from acting as directors for six years and five years respectively. Deemster Rosen QC said the ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login