Banking & Financial Services

Shail Patel and Will Harman acted for the successful claimants in the first substantive limitation decision under section 90A FSMA. The court’s judgment will have a significant impact on securities litigation in this jurisdiction and applications for summary dismissal on limitation grounds in fraud claims more generally. The entire judgment can be found here.

Performance Bonds and the Qatar Financial Centre: Judgment in the QFC Civil and Commercial Court. Paul Fisher acted for the successful joint venture claimants in the court’s first remote hearing.

Click here to read the judgment. 

Banking & Finance analysis: Guarantees executed, but unenforceable, as deeds may take effect as simple contracts where supported by sufficient consideration. Written by Ben Archer, barrister, at 4 New Square Chambers. Click here to read the article on LexisNexis.

Banking & Finance analysis: Ben Archer, barrister, at 4 New Square, examines a High Court decision that a guarantee given by the first defendant company director to secure the company's liabilities to the claimant bank was enforceable but a similar guarantee given by the second defendant company director, who was the first defendant's wife, was not enforceable as her execution of it had resulted from his undue influence.