Illiquidx Ltd v. Altana Wealth — UK Court of Appeal Upholds Trade Secret Protection for Venezuelan Debt Fund Strategy
The England and Wales Court of Appeal dismissed an appeal by Altana Wealth and Brevent Advisory, upholding the High Court’s finding that they misused Illiquidx’s confidential information—a strategy for creating a sanctions-compliant Venezuelan debt fund—when they launched a competing fund after their joint venture collapsed.