Banking Litigation Notes

High Court dismisses fraudulent misrepresentation claim relating to loan notes investment on limitation grounds

Court of Appeal confirms claims seeking remediation for damage cannot proceed as representative action under CPR 19.6

Know your limits: the increasingly high bar for claims to extend the limitation period

Court of Appeal clarifies proper approach to assessing damages for fraudulent misrepresentation

High Court summarily dismisses alleged LIBOR fraudulent misrepresentation claim on the basis that it is time-barred

High Court strikes out claim for abuse of process and dismisses parallel disclosure application under Bankers’ Book Evidence Act 1879

Court of Appeal decision in Adams v Options: the meaning of “advice” and potential implications for financial product mis-selling claims

High Court strikes out claims relating to alleged mis-selling of IRHPs on res judicata and abuse of process grounds

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

Financial product mis-selling claims against banks: the increasing willingness of the English courts to strike out allegations of fraud in “appropriate” cases

High Court considers First Tower judgment in the context of no-advice clauses and confirms UCTA does not apply

Supreme Court rejects illegality defence to claim where claimant had engaged in an illegal act (mortgage fraud)

The Supreme Court has held that a claimant who had engaged in mortgage fraud was not barred from bringing a negligence claim in relation to the property …