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Results: 1-7 of 7

Was Lehmans’ collapse unforeseeable? The High Court said it was but FOS disagrees

  • RPC
  • -
  • United Kingdom
  • -
  • March 5 2012

The courts and FOS are now headed down very different paths in their approach to credit crunch losses suffered by clients of regulated firms

Supreme Court widens scope of ‘client money’

  • RPC
  • -
  • United Kingdom
  • -
  • March 1 2012

The Supreme Court yesterday ruled that client money held in un-segregated accounts should be treated the same as client money held in segregated accounts, enabling un-segregated account holders to share in the client money pool on the insolvency of a firm with whom the account is held

Common sense counts when construing commercial contracts

  • RPC
  • -
  • United Kingdom
  • -
  • November 17 2011

In Rainy Sky S.A and six others v Kookmin Bank 2011 UKSC 50, the Supreme Court provided useful guidance on the role of business common sense in construing a clause in a commercial contract, particularly in circumstances where there are competing plausible constructions, neither of which is clearly preferable on the language used alone

Everything you wanted to know about FOS and are no longer afraid to ask

  • RPC
  • -
  • United Kingdom
  • -
  • November 10 2011

The FOS opened last week for the business of being open

Suing naughty fiduciaries: delay is okay in claims ...

  • RPC
  • -
  • United Kingdom
  • -
  • June 17 2011

A recent High Court case involving unlawful loans to directors illustrates the potential pitfalls involved in calculating limitation periods, and the circumstances in which the usual six year statutory limitation period will not apply to a recovery claim against a fiduciary

From Iceland to Ireland: what if a state does not pay its foreign creditors?

  • RPC
  • -
  • European Union, United Kingdom
  • -
  • April 20 2011

The global financial crisis has been well documented in the press, with one recent headline in The Times reading "Like Iceland, Ireland can refuse to pay up"

Freezing orders and fortification of cross-undertakings

  • RPC
  • -
  • United Kingdom
  • -
  • August 12 2010

On 21 May 2010, Justice Floyd handed down his judgment in Bloomsbury International Ltd (in administration) v Mark Alan Holyoake