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Arcade Plc is a real estate conglomerate which owns and manages hotels. Bran worked for Arcade Plc as a Room Bookings Manager for several years.
Arcade Plc is a real estate conglomerate which owns and manages hotels. Bran worked for Arcade Plc as a Room Bookings Manager for several years. During his tenure Bran defrauded Arcade Plc out of 10 million by diverting booking fees from Arcade Plc hotels to his own personal bank accounts. To perpetrate this fraud Bran got help from his borther, Clegan, who is an accountant. Clegan drafted all the financial documents Bran needed to cover up the fraud, and Bran repaid Clegan for his financial services by allowing him to book free holidays in any city where Arcade Plc had hotels. At the time of the fraud, Clegan was a partner and designated member' in a highly respected international accounting firm called Dana & Partners LLP. Dana & Partners LLP had offices in several major cities in the world, and Clegan was the Managing Partner of the Paris office. During the time of the fraud Dana & Partners LLP had over 16,000 global partners, of whom 30 were designated as Managing Partners. Each Managing Partner reported directly to the founding partner of the firm, Dana. Dana & Partners LLP was dissolved in December 2019 when Dana retired with a net worth of 20 million. In January 2020 Arcade Plc discovered the fraud perpetrated by Bran. Bran is now in prison, and all his bank accounts and assets have been frozen under the Proceeds of Crime Act. Clegan has converted all his assets into gold, stored it in an underground vault, and gone into hiding. Arcade Plc would now like to sue Dana to recover the loss of 10 million. Dana has never met Bran, and claims not to know where Clegan is or anything about Clegan's personal affairs. Consider whether Dana is liable under the law of partnership
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