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Supreme Court strikes out £116 million claim for breach of Quincecare duty as claimant held to have suffered no loss

22/12/2022

The UK Supreme Court has handed down its judgment in Stanford International Bank Ltd (In Liquidation) (Appellant) v HSBC Bank PLC (Respondent) [2022] UKSC 34, striking out a significant claim (£116m) for breach of the Quincecare duty on the grounds that the claimant...

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Authors

Portrait ofTom Dane
Tom Dane
Partner
London
Portrait ofKushal Gandhi
Kushal Gandhi
Partner
London