Tag: mis selling
Showing 69 out of 69 results
FCA past business reviews: what duties, if any, do financial institutions owe directly to customers? High Court finds no contractual obligations, but tortious duties are arguable
The recent and somewhat surprising decision of the High Court in Suremime Limited v Barclays Bank plc [2015] EWHC 2277 (QB) is important …
Marshall v Barclays Bank plc: High court strikes out claim for mis-selling of an interest rate hedging product on the basis of a pre-existing settlement agreement
Gary Ronald Marshall v Barclays Bank plc [2015] EWHC 2000 (QB) concerns an application by Barclays Bank plc ("Barclays") to strike out or obtain …
High Court refuses to strike out claim for negligent sale of interest rate hedging product on basis of limitation defence
The High Court has refused to grant an application to strike out a claim relating to the alleged negligent sale of an interest rate hedging product. The …
Supreme Court refuses permission to appeal in two mis-selling claims
The Supreme Court has refused permission to appeal from two recent Court of Appeal judgments involving high-profile mis-selling claims against …
Court of Appeal allows LIBOR claims to proceed
The Court of Appeal has allowed parties to two claims against LIBOR panel banks to amend their pleadings to include allegations that the banks made …
Appeal relating to alleged mis-selling of interest rate swaps dismissed: Green and Rowley v RBS
Green & Rowley v Royal Bank of Scotland plc [2013] EWCA Civ 1197 The Court of Appeal has handed down its decision …
Private LIBOR claims – an uphill battle for claimants
Individual fails in large mis-selling claim concerning leveraged investments in structured notes
Basma Al Sulaiman v (i) Credit Suisse Securities (Europe) Limited; and (ii) Plurimi Capital LLP [2013] EWHC 400 (Comm) In a strongly worded …
Interest rate hedging product claims – the current landscape
1. The FSA review In 2012, the Financial Services Authority (FSA) announced the findings of its review into interest rate hedging products (IRHPs) …