HSF Kramer LLP have published an article in the New Law Journal on the Supreme Court's landmark decision in Hopcraft & Anor v Close Brothers Limited [2025] UKSC 33.
The three conjoined appeals considered the sale of motor finance to financially unsophisticated consumers buying second hand cars. In a unanimous judgment, the Supreme Court allowed the lenders’ appeal in part. The judgment restores orthodoxy in the law of fiduciary duties and common law bribery, while simultaneously providing a basis and benchmark for future motor finance commission claims under s 140A of the Consumer Credit Act 1974 (CCA 1974).
The article can be found here: Fidicuary relationships reshaped. This article first appeared in the September 2025 edition of the New Law Journal.
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