On Monday 9 December (1-2pm UK time), Harry EdwardsCeri Morgan and Sarah Penfold will deliver a webinar for Herbert Smith Freehills clients and contacts looking at the judgment in the Lloyds/HBOS litigation, Sharp v Blank [2019] EWHC 3078 (Ch), which was handed down by the High Court on 15 November. Herbert Smith Freehills acted for the successful defendants to the action.

This was the first judgment in a shareholder class action in England & Wales and will have important ramifications for listed companies, and their advisers, in the UK. In rejecting the claim brought by a group of shareholders against Lloyds relating to its acquisition of HBOS in 2008, the decision of the High Court provides clarity on some of the most important battlegrounds which arise in shareholder class actions as well as guidance for listed companies and their directors on various key aspects of capital markets and M&A transactions.

This webinar is part of our series of HSF webinars, which are designed to update clients and contacts on the latest developments without having to leave their desks. The webinars can be accessed “live”, with a facility to send in questions by e-mail, or the archived version can be accessed after the event. Please click here to register.

The webinar is a follow-up to our webinar earlier this year discussing shareholder class actions more generally, as part of our series of webinars on class actions in England and Wales. If you would like to access the archived version of that webinar, or other webinars from the class actions series, please click here. Or click here to access our series of short guides on class actions related topics.