Fifteenth century case could help clarify case law on PCCs, claims lawyer

Nigel Feetham, a senior partner at law firm Hassans International and author of a number of books, has found a surviving report of fifteenth century litigation from the archives of Bruges that relates to a business structure used by the Medici Bank (the Medieval bank owned by the famous Florentine family) designed specifically to segregate assets and liabilities in a similar way that a PCC does today.