BANKING LITIGATION PODCAST EPISODE 33: MONTHLY UPDATE – MARCH/APRIL 2022

We have just released our monthly update podcast, in which we discuss and debate the key recent judgments likely to be of interest to financial institutions. This episode is hosted by John Corrie, a partner in our banking litigation team, who is joined by Ceri Morgan and special guest Wilkie Hollens. You can also listen … Read more

Cryptocurrency, proprietary injunctions, freezing orders, and trusts: the law is not cryptic

Herbert Smith Freehills LLP have published an article in Butterworths Journal of International Banking and Financial Law on a recent cryptocurrency case, Wang v Darby [2021] EWHC 3054 (Comm), which applies established principles relating to trusts, proprietary injunctions and worldwide freezing orders to this new asset class. Despite the meteoric rise of cryptocurrency as an asset class, … Read more

Biannual Banking Litigation Update (Spring 2022)

Welcome to the Spring 2022 edition of our biannual Banking Litigation Update, in which we highlight the most important cases and developments affecting UK financial institutions over the past six months. Read the full Banking Litigation Update here. We have also recorded a short video to provide a high level overview of developments during this … Read more

Overview of anticipated focus areas for BBLS litigation

Herbert Smith Freehills LLP have published an article in Butterworths Journal of International Banking and Financial Law on the government’s Bounce Back Loan Scheme (BBLS) and the anticipated focus areas for litigation against BBLS lenders now that collection and recovery activities have begun. During the pandemic, the coronavirus loan schemes provided more than £75bn of government funding, … Read more

Merricks v Mastercard: the litigation risks for the financial services sector

Herbert Smith Freehills LLP have published an article in Butterworths Journal of International Banking and Financial Law on the repercussions of the recent decisions in the Merricks v Mastercard litigation for the wider litigation landscape, particularly for the financial services sector. Historically, the most common procedural mechanism for bringing class actions in the UK has been by … Read more

BANKING LITIGATION PODCAST EPISODE 31: SPECIAL EDITION – PRIVILEGE

In this special edition of our banking litigation podcast, we consider some key issues on the topic of privilege which will be most relevant to in-house lawyers at banks and financial institutions. This episode is hosted by Ceri Morgan, a professional support consultant in our banking litigation team, who is joined by Claire Nicholas and … Read more