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Results: 1-10 of 73

Has the FOS decided Lehman's collapse was not foreseeable; or is that too remote a hope?
  • RPC
  • United Kingdom
  • July 15 2014

Nearly six years have elapsed since we first saw the iconic photographs of Lehman Brothers' employees filing out of the former bank's worldwide


First reported interest rate swap mis-selling claim crumbles
  • RPC
  • United Kingdom
  • January 29 2013

Interest rate hedging products are sold in a variety of forms swaps, caps, collars and structured collars, to name but a few. Their objective is to


Financial litigation roundup - Autumn 2014
  • RPC
  • Hong Kong, Singapore, United Kingdom
  • December 3 2014

The High Court found that the defendants, Barclays and Tricorona, had misused the claimant, CF Partners’, confidential information and awarded


Deal or no deal: FOS recommends taking legal advice following Clark v In Focus
  • RPC
  • United Kingdom
  • March 13 2014

Reacting to the decision in Clark v In Focus, FOS has updated its technical notes to help guide complainants who might have previously sought to top


Misselling of leveraged notes: not a marginal call
  • RPC
  • United Kingdom
  • April 16 2013

In Al Sulaiman v Credit Suisse Securities (Europe) Limited the Commercial Court considered a claim for breach of duty in recommending investments


Time (bar) is of the essence
  • RPC
  • United Kingdom
  • September 19 2011

Last Thursday marked the third anniversary of the collapse of Lehman Brothers which may have drawn a line in the sands of time for complaints about the mis-selling of investments before September 2005


A word of ‘advice’
  • RPC
  • United Kingdom
  • September 22 2011

‘Advice’ is a loaded word


FOS does not breach human rights
  • RPC
  • United Kingdom
  • July 7 2011

The FOS’s compliance with fundamental principles of justice was thrown into the spotlight by last week’s ECHR decision in the cause célèbre case of Heather Moor & Edgecomb Limited (HME) v UK (FOS


All aboard the causation bandwagon
  • RPC
  • United Kingdom
  • October 14 2011

Like the proverbial buses that eventually arrive in pairs, at a time when there has been much controversy about the issue of causation, it is ironic that there have now been two significant High Court judgments setting the position within the regulated sector in stark contrast to the general law as interpreted by the Courts


Good news for the insurance industry
  • RPC
  • United Kingdom
  • July 13 2007

In a recent decision on two linked cases (Bunney v Burns Anderson Plc & Anor and Cahill v Timothy James & Partners Limited), the High Court held that the Financial Ombudsman Service may not make a binding award requiring a redress payment in excess of £100k