We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 429

Bank references: High Court confirms narrow application of duty established by the Court of Appeal in So v HSBC
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 19 2017

The Court has recently revisited the question of whether a bank providing a reference owes a duty to a third party relying on that reference: Chudley


High Court rejects application to include conspiracy allegations in IRHP misselling claim and gives guidance on meaning of "exceptional circumstances" in past business review undertakings given to the FCA
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 13 2017

The latest in the line of recent judgments concerning interest rate hedging product ("IRHP") misselling allegations concerns an application by the


Court of Appeal confirms no tortious duty of care owed to customers in connection with the FCA past business review
  • Herbert Smith Freehills LLP
  • United Kingdom
  • August 3 2017

Over the past two years, the courts have grappled with the novel claimant argument that financial institutions owe duties of care in tort


UK: Whistleblowing - new rules for UK branches of foreign banks and insurers
  • Herbert Smith Freehills LLP
  • United Kingdom
  • June 14 2017

The FCA and PRA have recently published new rules on whistleblowing procedures for UK branches of foreign banks and insurers, which will apply from 7


Banking Litigation Update - May 2017
  • Herbert Smith Freehills LLP
  • European Union, United Kingdom
  • May 31 2017

In this update we highlight some of the more important cases and developments affecting UK financial institutions over the past 6 months


Calendar Of Key Issues - An Interactive Guide To The Legal Milestones Ahead - May 2017
  • Herbert Smith Freehills LLP
  • European Union, United Kingdom
  • May 4 2017

Country-by-country reporting regulations Emissions Reduction Plan Implementation of EU Damages Directive Installation of sub-meters under the Heat


Supreme Court finds lender could not recover damages from negligent accountants where loss avoided by borrower’s repayment
  • Herbert Smith Freehills LLP
  • United Kingdom
  • May 3 2017

The Supreme Court has held that the loss suffered by a lender due to its accountants' breach of duty was extinguished when the loan was repaid by the


Supreme Court clarifies what is required for “identification” in respect of third party rights under s393 FSMA
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 3 2017

In a judgment highly anticipated by firms and their senior managers as well as the regulators, the Supreme Court has overturned decisions of the Court


Court of Appeal finds third party who conspired with defendant to breach freezing order could be liable for tort of conspiracy to injure by unlawful means
  • Herbert Smith Freehills LLP
  • United Kingdom
  • February 27 2017

In a claim by JSC BTA Bank against the son-in-law of its former Chairman alleging conspiracy to injure by unlawful means, the Court of Appeal held


Court of Appeal gives further guidance on how jurisdiction rules apply in economic tort claim
  • Herbert Smith Freehills LLP
  • United Kingdom
  • February 24 2017

The Court of Appeal has held that the place of the event giving rise to damage in a claim alleging conspiracy to injure by unlawful means is where