Banking Litigation Notes

Banking Litigation specialist, Emma Deas, promoted to partnership

We are delighted to announce that Emma Deas will become a partner in the Banking Litigation team in London on 1 May 2021 as part of the firm’s latest …

Hong Kong court refuses to expand scope of Quincecare duty

High Court determines that reliance issues in context of a s.90A FSMA claim should be heard at first trial

High Court considers scope of jurisdiction and meaning of records under Bankers’ Book Evidence Act 1879

New York legislative solution for LIBOR passed: Impact on transition of legacy LIBOR contracts

Navigating “the final and critical phase” of LIBOR – Senior Managers take heed

EU Advocate General considers interpretation of Prospectus Directive in relation to an issuer’s liability for a prospectus marketed to both retail and qualified investors

Climate-related disclosures for issuers: further steps towards mandatory requirements?

In November 2020, the UK Joint Government Regulator TCFD Taskforce published its “roadmap towards mandatory climate-related disclosures”, which set out a …

High Court finds alleged frustration of contract due to COVID-19 pandemic is not sufficiently arguable to grant injunction restraining demand under letter of credit  

Court of Appeal clarifies requirements for establishing deliberate concealment to postpone limitation period

The Court of Appeal has found that a defendant creditor could not rely on a limitation defence to a borrower’s claim that its non-disclosure of a …

Court of Appeal rejects all claims relating to transfer of property portfolio to lender’s restructuring unit following borrower default

High Court finds that a claimant’s “awareness” of a representation is an essential prerequisite to a claim for misrepresentation