The Supreme Court last year closed the door on claims against banks that receive clear instructions from their customers to transfer funds, even though those customers are the victims of an APP frauds (Philipp v Barclays Bank [203] UKSC 25). Where a bank’s customer is the victim of an APP fraud, the bank’s duty to […]
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Hedging and speculation
The Venezia Appeal On 8 November 2022, we reported on the first instance decision of Foxton J in Banca Intesa SanPaolo v Comune di Venezia. The Court of Appeal has now reversed that decision ([2023] EWCA Civ 1482). This article will respectfully suggest that the Court of Appeal reached the wrong decision because it misunderstood […]
Waste Managed Limited v Wilce and others: High Court success for Gibson & Co.
On 15 June 2023 the King’s Bench Division of the High Court in London handed down its judgment in Waste Managed Limited -v- Wilce and others. Gibson & Co. acted for three of the six successful respondents to an interim injunction application made to restrain alleged misuse of confidential information relating to a proprietary business […]