Banking Litigation Notes
Tag: damages
Showing 23 out of 23 results
05 July 2021
Court of Appeal clarifies proper approach to assessing damages for fraudulent misrepresentation
16 December 2020
High Court strikes out “paradigm” claim for reflective loss in the context of allegedly negligent advice on an IPO
14 October 2020
High Court tests newly narrowed scope of the “reflective loss” rule in first decision since the Supreme Court’s judgment in Marex
07 October 2020
High Court takes view in test case on breach of statutory duty under s.138D FSMA, in the context of repeat borrowings and an alleged breach of CONC
The High Court has recently considered a test case under s.138D of the Financial Services and Markets Act 2000 (FSMA), in the context of alleged breaches …
20 July 2020
Untangling, but not killing off, the Japanese knotweed: Supreme Court confirms existence and scope of “reflective loss” rule
04 March 2020
High Court finds no implied contractual duties in connection with past business review
30 March 2017
High Court strikes out claims relating to the mis-selling of interest rate hedging products Supreme Court on contractual interpretation – striking a balance between the language used and the commercial implications
In Wood (Respondent) v Capita Insurance Services Limited (Appellant) [2017] UKSC 24, the Supreme Court has unanimously dismissed an appeal …
14 December 2016
O'Hare v Coutts: High Court dismisses mis-selling claim and clarifies standard of care required of financial advisors
24 November 2015
FCA v Da Vinci: FSA uses court proceedings for the first time to obtain both financial penalties and permanent injunctions against a firm in a case of alleged market abuse
20 February 2014
"Topping up" of Ombudsman awards through the courts not allowed: Court of Appeal overturns High Court decision
The Court of Appeal has handed down an important judgment holding that complainants who had accepted a Financial Ombudsman Service ("FOS") determination …
14 January 2013
High Court rules that Ombudsman awards may be "topped up" through court action
The High Court has decided that a party who accepts a FOS determination awarding them the statutory maximum award (now £150,000) can subsequently claim …