Michael Clark

Clyde & Co LLP

Articles

Results 1 to 5 of 8


Court of Appeal considers meaning of “commercially reasonable manner”

United Kingdom - October 22 2014 This case addressed the construction of a clause requiring a party to make a determination in a “commercially reasonable manner” in relation to an…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker

Court rules that a lender owes a duty of confidentiality to its borrowers, and should be held liable for damages in the event that such a duty is breached

United Kingdom - October 22 2014 Primary Group Limited (Primary) entered into a loan facility (“the Agreement”) with the Royal Bank of Scotland (RBS) in 2006. During initial…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker

The High Court considers whether certain investment schemes were “collective investment schemes” (CISs) for the purposes of section 235 of the Financial Services and Markets Act 2000 (FSMA)

United Kingdom - October 22 2014 The defendants promoted and operated four investment schemes. The first scheme, referred to as the African land scheme, concerned a rice farm in…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker

High Court grants Norwich Pharmacal relief against foreign banks

United Kingdom - October 22 2014 The applicant, Credit Suisse Trust, applied for Norwich Pharmacal relief in two separate but connected actions against two Italian Banks; Banca Monte…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker

Commercial Court refuses to strike out as time-barred a claim for negligent misselling of an interest rate hedging product.

United Kingdom - October 22 2014 The claimant was a family-run company which operated a country house hotel. In 2005 it entered into a loan agreement with the defendant bank to…

Paul Friedman, Anna Myrvang, Danielle Rodgers, Conrad Walker