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Topic: Fraud

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The customer comes first: Privy Council rules out duties owed by banks to third parties

June 10, 2022

The Privy Council finds that a bank does not owe a duty to the known beneficial owners of funds who are not customers of the bank.

Latest trends in English banking litigation - Duration and resolution of claims

May 09, 2022

The latest post in our series covers the recent trends in the duration and resolution of English banking litigation, including an analysis of whether fraud cases are more or less likely to settle

Quincecare duty can extend to authorised push payment fraud

March 25, 2022

The Court of Appeal held that the duty can apply in principle where an individual gives the bank a payment instruction relating to their own account.

Can the dishonesty of directors be attributable to their company in profit-based claims?

December 14, 2021

Posted in Fraud
The Supreme Court clarifies the principles set out in Bilta

Latest trends in English banking litigation

October 05, 2021

Our latest analysis of trends in banking litigation shows a continued increase in disputes involving fraud, driven by new capital markets and cross-border structures.

High Court strikes out claim against banks: no deliberate concealment of facts and claim time-barred for limitation

June 04, 2021

The recent decision in Dixon v Santander Asset Finance Plc & Anor [2021] EWHC 1044 (Ch) provides a useful summary of the case law around the s.32(1)(b) Limitation Act 1980 concealment ground and practical application of this provision to the case facts.

Commercial Court strikes out £58 million conspiracy claim

May 31, 2021

In granting a reverse summary judgment, the Commercial Court has provided helpful guidance on a number of legal and procedural points.

Denmark’s £1.5 billion fraud claim dismissed for lack of jurisdiction under ‘Revenue Rule’

May 14, 2021

On 27 April 2021 Mr Justice Andrew Baker dismissed the case brought by Denmark’s tax revenue agency (SKAT) to recover more than £1.5 billion worth of tax refunds granted to various individuals and companies between 2012 and 2015.

High Court awards summary judgment in substantial banking fraud

April 06, 2021

In a complex banking-tech fraud case, the High Court has granted a summary judgment on the merits.

Court of Appeal considers “unusual extension” to duty of care principles

March 30, 2021

The Court of Appeal for England & Wales recently held, unanimously, that a claim brought in relation to events that took place overseas can proceed to a trial of the substantive issues in the English courts against an English shipbroker.