Banking Litigation Notes

High Court confirms 5,800 motor finance claimants can use omnibus claim forms and do not need to issue separate claim forms

Court of Appeal finds lenders liable in motor finance broker commission cases

High Court finds agent breached fiduciary duty in "half secret" commission case

Redemption periods and liquidity mismatch in authorised open-ended property funds: regulatory update and litigation risks

Intermediated securities in a securities class action context

High Court considers Quincecare and dishonest assistance claims against bank in context of Ponzi scheme

Redemption periods and liquidity mismatch in the investment funds market: the litigation risks

High Court endorses use of CPR Part 86 interpleader application by financial services firm seeking court guidance

The High Court has endorsed the use of an interpleader application pursuant to CPR Part 86 by a financial services firm seeking guidance from the court …

Commercial Court gives guidance on definition of 'consumer' under Recast Brussels Regulation in cryptocurrency futures trading case

Court of Appeal gives guidance on scope of fiduciary duty in "secret commissions" case

The Court of Appeal has found that there was no breach of fiduciary duty where an introducing broker failed to inform its client investors of the amount …

O'Hare v Coutts: High Court dismisses mis-selling claim and clarifies standard of care required of financial advisors

Edward Astle v CBRE: Application of the SAAMCO principle to negligent valuations in information memoranda

The recent case of Edward Astle & Ors v CBRE Ltd (and related actions) [2015] EWHC 3189 (Ch) considers South Australia Asset …