Title: The Royal mail case, Rex v. Lord Kylsant
Description: "The trial of Lord Kylsant in 1931 marked a turning-point in the history of company finance. The Kylsant case cannot be understood unless the financial background of 1928-31 is properly envisaged. After the boom of the former year, crashes and crises were many, ranging from the conviction of Brandreth of the "Ner-Sag" companies to the frauds of Clarence Hatry; but the Royal Mail Case assumes a greater importance to investors from the fact that those charged were felt to be not rogues but honest men."
Subjects: Trials, litigation, Trials (Fraud), Fraud, Cases, Royal Mail Steam Packet Company
Places: England, London
People: Owen Cosby Philipps (1863-1937), Harold John Morland