Is there a duty of good faith in English law contracts? Mr Justice Leggatt started it. In a 2013 case (Yam Seng Pte Ltd v ITC [2013] EWHC 111) he examined in detail and perhaps for the first time in the English courts “the subject of whether English law does or should recognise a general […]
Category: Legal Update
FOS Awards
FOS Awards – Acceptance is now a final resolution of the dispute In February 2014, the Court of Appeal made a ruling in Clark v Focus Asset Management & Tax Solutions Ltd. The effect is far reaching. From now on, a disgruntled customer of a financial institution who is granted an award by the FSO […]
Green & Rowley vs RBS
Green and Rowley v Royal Bank of Scotland [2013] EWCA Civ 1197 In October 2013 the Court of Appeal made yet another finding in favour of a bank following a claim by a disgruntled customer for mis-selling. This time the claim focused on the sale of an interest rate swap as a form of hedge […]