Fraudulent bank orders
Can the foundation’s mistake really interrupt everything ?
Célian Hirsch
— 19 February 2025
A customer who receives notice of a fraudulent direct debit commits a fault if they do not dispute it. This fault interrupts the causal link between the bank's serious fault and the damage (4A_610/2023). A Liechtenstein foundation manages the assets of a prince. Its headquarters are at a law firm in Liechtenstein. A lawyer from this firm is a member of the foundation board with joint signature with the prince. The foundation opened an account with a bank in Geneva.[...]