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Results: 1-10 of 84

High Court refuses to order bank to disclose its credit process guide

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • March 20 2014

A recently published decision of the High Court demonstrates that a court will examine closely whether a document comes within the test for standard

Supreme Court clarifies scope of limitation period applicable to claims for ‘dishonest assistance’ in a breach of trust

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • March 3 2014

In Williams v Central Bank of Nigeria (2014 UKSC 10, the Supreme Court has held that the statutory limitation period (under the Limitation Act

"Topping up" of Ombudsman awards through the courts not allowed: Court of Appeal overturns High Court decision

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • February 20 2014

The Court of Appeal has handed down an important judgment holding that complainants who had accepted a Financial Ombudsman Service ("FOS"

Supreme Court finds trustee fraud exception under Limitation Act does not apply to claims for dishonest assistance knowing receipt

  • Herbert Smith Freehills LLP
  • -
  • Nigeria, United Kingdom
  • -
  • February 20 2014

Often, a substantial time may have passed before a beneficiary becomes aware of a fraudulent breach of trust. Even when the fraud has been discovered

IT & Outsourcing bulletin - a round-up of developments

  • Herbert Smith Freehills LLP
  • -
  • European Union, United Kingdom
  • -
  • February 4 2014

This IT and Outsourcing e-bulletin contains summaries of recent developments in law and regulation in the EU and the UK: 1. Government plans to

UK Court of Appeal allows private LIBOR claims to proceed

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • December 20 2013

An issue which has in recent years been on the agenda of financial regulators globally is the potential manipulation or fixing of the London

English & Hong Kong courts refuse to infer common law duty of care in mis-selling claims involving non-advisory contracts

  • Herbert Smith Freehills LLP
  • -
  • Hong Kong, United Kingdom
  • -
  • December 17 2013

An English Court of Appeal case heard recently confirmed that the English courts will be unwilling to infer a common law duty into non-advisory

General Counsel Update - November 2013 - A summary of major developments in key areas

  • Herbert Smith Freehills LLP
  • -
  • Australia, Indonesia, United Kingdom
  • -
  • November 29 2013

A round up of key legal and regulatory developments

Banking litigation update

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • November 15 2013

In this update we summarise some of the more important UK cases and developments affecting financial institutions since our last update in February

High Court clarifies the limited duties owed by agents in financing structures

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • November 15 2013

The High Court has provided important guidance on the precise role of an agent in complex financing arrangements. Given the prevalence of such roles