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Latest split trial decision in securities class action under s.90A FSMA

United Kingdom - July 14 2022 At a recent Case Management Conference (CMC), where a split trial was proposed by the claimants in a claim brought pursuant to Section 90A and…

Chris Bushell

High Court clarifies meaning of “PDMR” in s.90A FSMA claims

United Kingdom - May 30 2022 The High Court has clarified what is meant by “person discharging managerial responsibilities” (PDMR) in the context of Section 90A and Schedule 10A…

Chris Bushell, Holly McCann

HMT reform of prospectus regime: the potential impact on securities litigation

United Kingdom - July 19 2021 HM Treasury (HMT) has published an initial consultation on fundamental reforms promising the biggest shake up of the Prospectus regime since 2005…

Simon Clarke, Nihar Lovell, Ceri Morgan

High Court refuses to apply the so-called Arkin “cap” to adverse costs order against litigation funder

United Kingdom - June 24 2021 In one of the first decisions to consider the application of the so-called Arkin “cap” following the Court of Appeal’s decision in Chapelgate Master…

Damien Byrne Hill, Ceri Morgan

High Court strikes out time-barred claims holding that banks did not deliberately conceal facts so as to extend limitation

United Kingdom - May 7 2021 The High Court has granted applications by two banks to strike out claims brought against them after the primary limitation period for the claims had…

Ceri Morgan