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Archive: September 2020

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Group litigation claimants must disclose investment history

September 10, 2020

In the Ingenious film partnerships group litigation, the High Court ruled that the claimants should provide extended disclosure in relation to their investment history, as this may be relevant to: (i) their risk appetite and financial sophistication, which may in turn inform the scope of the defendants’ duty of care in providing advice; and (ii) causation of any loss as a result of alleged fraudulent and negligent representations regarding the Ingenious structure.

Risk v reward: cost liability in group litigation

September 02, 2020

In the high profile Lloyds/HBOS litigation, the High Court recently handed down judgment in respect of costs.