Banking Litigation Notes

High Court considers summary judgment application on whether success fee payable by private equity fund to placement agent

High Court upholds broker’s entitlement to US$2.25m success fee under tripartite mandate despite limited involvement in funding process

Court of Appeal partially dismisses judicial review challenge to FOS decision relating to client classification

Financial List finds claim for declaratory relief brought by ultimate beneficial owners of loan notes against issuer is arguable

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 …