English Banking Litigation: Top 10 Cases Of 2017

English Banking Litigation: Top 10 Cases Of 2017

January 18, 2018, Covington Alert

We summarise what we see as the ten most significant English Court judgments for financial institutions. The overriding theme to arise from these cases is that, when financial institutions look after their own interests and protect themselves, those protections will be upheld by the English Court and their contractual arrangements will be respected. Financial institutions will find themselves at risk, however, when they do not protect themselves carefully under their contracts or where they go further in their conduct than their contracts intended.