Results 1 to 5 of 70

Biannual Banking Litigation Update (Spring 2022)

United Kingdom - May 6 2022 One of the hottest topics for the sector remains the Quincecare duty, which has been at the centre of a Number of high profile cases against banks…

Chris Bushell, Simon Clarke, Julian Copeman, John Corrie, Emma Deas, Ben Goodman, Damien Byrne Hill, Natasha Johnson, Nihar Lovell, Ceri Morgan

Court of Appeal rejects novel argument that fraud victims should give credit for the “time value” of cash received as part of a fraudulent transaction

United Kingdom - February 15 2022 In the context of a claim brought by the victim of a fraud against the perpetrator, seeking damages for consequential loss of investment opportunity…

Nihar Lovell, Ceri Morgan, Claire Nicholas

High Court dismisses claim against banks involving allegations of front running/trading ahead on stop-loss orders on limitation grounds

United Kingdom - December 20 2021 The High Court has dismissed a claim by a currency debt management firm against three banks in a banking group, which included allegations of front…

Jon Ford, Karen Anderson, Nihar Lovell

Final part of UK LIBOR legislative solution receives Royal Assent

United Kingdom - December 17 2021 This week, the Critical Benchmarks (References and Administrators’ Liability) Act 2021 received Royal Assent and will now pass into UK law. The…

Ceri Morgan, Jenny Stainsby

LIBOR transition risks - November 2021 update

United Kingdom - November 3 2021 With three months to go before the end of LIBOR as we know it (save for certain USD tenors), regulators around the globe continue to emphasise the…

Nick May, Harry Edwards, Ben Goodman, Ceri Morgan, Jenny Stainsby