Litigation Notes

High Court finds company director liable for misrepresentations made on behalf of the business

The decision applies the Supreme Court's recent restatement of the law on directors' accessory liability in tort

Court of Appeal considers whether default interest clause is an unenforceable penalty

The decision suggests that a default interest provision is likely to be enforceable so long as it is not extortionate, exorbitant or unconscionable

Court of Appeal upholds award of penal interest on tort damages under applicable foreign law

High Court considers contractual remedies for failure to transfer cryptocurrency

Supreme Court gives guidance on accessory liability of company directors and the remedy of account of profits

Representative actions under CPR 19.8: High Court to consider important questions relating to funding and damages for class members

High Court grants declaration confirming exclusive jurisdiction of the English courts in order to assist Indian court to determine it did not have jurisdiction

Supreme Court considers principles relating to remoteness in the tort of negligence

Court of Appeal refuses to strike out unfair prejudice petition seeking relief in favour of the company

High Court finds that lender suffered no loss despite negligent valuation of security

The High Court has dismissed a lender’s claim against a valuer for breach of contract and/or negligence in relation to the valuation of security for a …

Supreme Court strikes out Quincecare claim where no loss suffered by insolvent Ponzi scheme

The Supreme Court has upheld the Court of Appeal's decision to strike out a claim brought by the liquidators of a Ponzi scheme against its correspondent …

Court of Appeal confirms reflective loss rule will bar claims of former shareholders of a dissolved company because the principle must be determined at time of alleged loss

The Court of Appeal has upheld a decision of the High Court to strike out a claim by the former shareholders of a dissolved company against an investor …