Dispute Resolution Hub
The legal status of cryptocurrency in English law is cryptic no more!
11 March 2020A recent English High Court judgment has provided much needed legal certainty in respect of the status of cryptocurrency as property in English law. Background In September 2018 (although only reported in November 2019), the High Court granted a freezing order over Bitcoin and Ethereum held by a trading platform (Elena Vorotyntseva v Money-4 Service […]
Read moreEvery little doesn’t always help
18 December 2019Tesco has recently failed in its attempt to strike out claims by investors seeking to recover losses in respect of their investment decisions to buy and sell shares in Tesco, which the Claimants claimed were made in reliance on untrue or misleading information published by the supermarket chain.
Read moreHands off, its mine! Beneficial interests vs creditors’ rights
19 October 2018Litigation partner Alexander Wildschütz discusses one of his recent cases highlighting the impact of invisible third party rights on creditors’ interests.
Read moreSingularis Holdings Ltd (in liquidation): a cautionary tale for banking institutions?
23 May 2018Banks are generally not liable to compensate customers for fraudulent payments if the customer authorised the payment. However, in Barclays Bank Plc v Quincecare Ltd [1992] 2 All E.R. 363 it was held that banks owe a duty to prevent fraudulent transactions if the bank has reasonable grounds for believing that the customer authorisation is […]
Read moreVictory for RBS in its long-running defence of Property Alliance Group’s high-stakes LIBOR claim
19 April 2018An appeal brought by property investment and development business Property Alliance Group Limited (PAG) in its long-running case against the Royal Bank of Scotland (RBS) has been dismissed by the Court of Appeal. PAG was refused permission to appeal the decision to the Supreme Court, which brings to an end the first civil proceedings involving […]
Read moreThe duty of a salesman
6 April 2018On 5 December 2017, the High Court handed down its latest swaps mis-selling judgment in Marz Limited v Bank of Scotland Plc. The decision confirmed a bank can exclude obligations by agreement and rejected the imposition of an “intermediate duty” on banks as a general principle. In 2008, the Bank of Scotland (the Bank) provided […]
Read more