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        <title>Travers Smith Civil Fraud law articles, events and news.</title>
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        <pubDate>Tue, 10 Aug 2021 15:30:17 &#x2B;0000</pubDate>
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                <title>Standard Chartered securities litigation: renewed hope for passive investors</title>
                    <description><![CDATA[On 25 March 2025, Green J handed down judgment in Persons Identified in Schedule 1 v Standard Chartered PLC&#xA0;[2025] EWHC 698 (Ch).&#xD;&#xA;&#xD;&#xA;The judgment re-opens: (a) the question of whether investors can rely on &quot;price or market reliance&quot; to satisfy the reliance requirement in Schedule 10A of the Financial Services and Markets Act 2000 (&quot;FSMA&quot;); and (b) the scope of claims for dishonest delay under Schedule 10A FSMA.&#xD;&#xA;&#xD;&#xA;&quot;Price or market reliance&quot; refers to the argument that, in an efficient market,...]]></description>
                        <pubDate>
                            Wed, 02 Apr 2025 10:58:47 &#x2B;0000
                        </pubDate>
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                <title>Securities Litigation: Allianz Funds Multi-Strategy Trust and Others v Barclays Plc settles following High Court judgment delivering blow to passive investors</title>
                    <description><![CDATA[In the final twist of this much talked about case, a consent order was filed on 18 December 2024 dismissing the shareholder action brought by 460 institutional investors against Barclays Plc following a confidential settlement.]]></description>
                        <pubDate>
                            Fri, 10 Jan 2025 17:32:25 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/securities-litigation-allianz-funds-multi-strategy-trust-and-others-v-barclays-plc-settles-following-high-court-judgment-delivering-blow-to-passive-investors/</link>
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                <title>Fraud: can it ever really be settled?</title>
                    <description><![CDATA[This article investigates the legal dichotomy between the principle of &quot;fraud unravels all&quot; and the importance of finality in fraud settlement agreements. It discusses claimants&#x27; various strategies to challenge these agreements, highlighting the recent trend of courts favouring agreement finality, which gives reassurance to defendants aiming to settle fraud claims conclusively, offering protection against persistent litigation.]]></description>
                        <pubDate>
                            Thu, 14 Nov 2024 08:22:44 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/fraud-can-it-ever-really-be-settled/</link>
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                <title>The Dispute Resolution Yearbook 2024</title>
                    <description><![CDATA[The 2024 edition of our award winning Dispute Resolution Yearbook provides an overview of the disputes market in general, insights into our practice, and an opportunity to learn more about our team.]]></description>
                        <pubDate>
                            Wed, 17 Jul 2024 11:27:44 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-dispute-resolution-yearbook-2024/</link>
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                <title>When will a claim to privilege be defeated by underhand conduct?</title>
                    <description><![CDATA[Court of Appeal provides welcome clarification to the scope of legal professional privilege, including the application of the iniquity exception | Al Sadeq v Dechert LLP &amp; Others [2024] EWCA Civ 28]]></description>
                        <pubDate>
                            Wed, 07 Feb 2024 11:07:21 &#x2B;0000
                        </pubDate>
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                <title>Dishonestly assisting directors: Hotel Portfolio II UK Limited v Ruhan and others [2023] EWCA Civ 1120</title>
                    <description><![CDATA[Last month the Court of Appeal handed down its judgment in Hotel Portfolio II UK Limited v Ruhan and others [2023] EWCA Civ 1120.]]></description>
                        <pubDate>
                            Wed, 29 Nov 2023 16:28:14 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/dishonestly-assisting-directors-hotel-portfolio-ii-uk-limited-v-ruhan-and-others-2023-ewca-civ-1120/</link>
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                <title>Travers Smith wins double at Financial Times Innovative Lawyers Europe Awards 2023 </title>
                    <description><![CDATA[Travers Smith LLP is delighted that its Dispute Resolution team has been awarded &quot;Innovation in Disputes&quot; and its Legal Technology and AI team has won &quot;Innovation in Digital Solutions&quot; at the Financial Times Innovative Lawyers Europe Awards 2023. Additionally, Travers Smith was ranked as the 12th &quot;Most Innovative Law Firm in Europe&quot;.]]></description>
                        <pubDate>
                            Fri, 22 Sep 2023 11:57:57 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/travers-smith-wins-double-at-financial-times-innovative-lawyers-europe-awards-2023/</link>
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                <title>Philipp v Barclays Bank UK PLC: The &quot;Quincecare&quot; duty survives but the Supreme Court rules that it does not extend to victims of APP fraud</title>
                    <description><![CDATA[On 12 July 2023, the Supreme Court handed down its eagerly awaited judgment in Philipp v Barclays Bank UK PLC [2023] UKSC 25.  As many had anticipated, the Supreme Court overturned the Court of Appeal&#x27;s decision &#x2013; granting summary judgment in favour of Barclays Bank (the &quot;Bank&quot;) &#x2013; holding that the Bank did not owe a duty to Mrs Philipp in respect of her own payment instructions. The Supreme Court did, however, permit Mrs Philipp to proceed with her alternative claim based on the Bank&#x27;s allege...]]></description>
                        <pubDate>
                            Thu, 03 Aug 2023 09:54:54 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/philipp-v-barclays-bank-uk-plc-the-quincecare-duty-survives-but-the-supreme-court-rules-that-it-does-not-extend-to-victims-of-app-fraud/</link>
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                <title>No loss in Quincecare duty case where wrongful payment discharges insolvent company&#x27;s debt: the Supreme Court&#x27;s decision in Stanford International Bank v HSBC</title>
                    <description><![CDATA[Supreme Court case on Quincecare duty and loss suffered by insolvent companies.  Discusses creditor duty and separate corporate personality.]]></description>
                        <pubDate>
                            Tue, 24 Jan 2023 14:58:35 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/no-loss-in-quincecare-duty-case-where-wrongful-payment-discharges-insolvent-companys-debt-the-supreme-courts-decision-in-stanford-international-bank-v-hsbc/</link>
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                <title>The endgame: issues in enforcement against cryptoassets</title>
                        <pubDate>
                            Thu, 06 Oct 2022 10:44:29 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-endgame-issues-in-enforcement-against-cryptoassets/</link>
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                <title>Travers Smith wins double at the Legal Business Awards 2022</title>
                    <description><![CDATA[Travers Smith LLP is delighted to have been named &quot;Commercial Litigation Team of the Year&quot; and &quot;Private Equity Team of the Year&quot; at the annual Legal Business Awards. The Awards took place on 27 September.]]></description>
                        <pubDate>
                            Wed, 28 Sep 2022 08:45:39 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/travers-smith-wins-double-at-the-legal-business-awards-2022/</link>
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                <title>The Court of Appeal confirms a single correct test for granting a case management stay</title>
                    <description><![CDATA[In a case involving an exclusive jurisdiction clause for the English courts and parallel criminal proceedings in the Vatican, the Court of Appeal has confirmed that there is a single correct test for granting a case management stay. The relevant question for the Court is &quot;whether in the particular circumstances it is in the interests of justice for a case management stay to be granted&quot;.]]></description>
                        <pubDate>
                            Thu, 01 Sep 2022 09:59:01 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-court-of-appeal-confirms-a-single-correct-test-for-granting-a-case-management-stay/</link>
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                <title>HP/Autonomy v Lynch &amp; Hussain - A FSMA First</title>
                    <description><![CDATA[On 28 January 2022, just over two years after the end of the trial, Hildyard J, in an (in his words) &quot;unorthodox&quot; move, announced the result in open court prior to circulating his draft judgment to the parties and their legal teams.]]></description>
                        <pubDate>
                            Wed, 18 May 2022 09:28:10 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/hpautonomy-v-lynch-hussain-a-fsma-first/</link>
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                <title>The Dispute Resolution Yearbook 2022</title>
                    <description><![CDATA[Meet the people who make up our Dispute Resolution practice and learn more about the market-leading work we do. Containing a host of thought leadership pieces on trending topics and current developments in the UK litigation market and insights into what matters to us as a team.]]></description>
                        <pubDate>
                            Thu, 28 Apr 2022 15:48:42 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-dispute-resolution-yearbook-2022/</link>
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                <title>What does the FCA&#x27;s new Business Plan and Strategy mean for investigations and enforcement?</title>
                    <description><![CDATA[The Financial Conduct Authority (&quot;FCA&quot;) has released its Annual Business Plan for 2022/2023, alongside a Strategy Document for 2022 to 2025. We discuss below what these two documents mean for its investigations and enforcement strategy going forward.]]></description>
                        <pubDate>
                            Thu, 14 Apr 2022 13:59:09 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/what-does-the-fcas-new-business-plan-and-strategy-mean-for-investigations-and-enforcement/</link>
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                <title>Court of Appeal confirms scope of banks&#x27; duty to take reasonable care to protect their customers from fraud: Philipp v Barclays Bank UK PLC &amp; Anor [2022] EWCA Civ 318</title>
                    <description><![CDATA[The Court of Appeal&#x27;s recent decision sheds significant light on banks&#x27; liability for failing to exercise reasonable skill and care in executing the instructions of their customers. Reversing the ruling of the High Court, the Court of Appeal made clear that the &quot;Quincecare duty&quot; arises not only when it is the customer&#x27;s agent who fraudulently instructs the bank to transfer the customer&#x27;s money, but can also arise when the customer themselves, as the victim of a fraud, instructs the bank to do...]]></description>
                        <pubDate>
                            Mon, 11 Apr 2022 13:59:08 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/court-of-appeal-confirms-scope-of-banks-duty-to-take-reasonable-care-to-protect-their-customers-from-fraud-philipp-v-barclays-bank-uk-plc-anor-2022-ewca-civ-318/</link>
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            </item>
            <item>
                <title>Suppipat v Siam Bank: privilege across jurisdictions</title>
                        <pubDate>
                            Wed, 23 Mar 2022 16:28:18 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/suppipat-v-siam-bank-privilege-across-jurisdictions/</link>
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            </item>
            <item>
                <title>Hewlett-Packard prevails in its Autonomy-related fraud claims</title>
                    <description><![CDATA[The Court has today found that Hewlett-Packard Claimants (HPE) have &quot;substantially succeeded&quot; in their fraud claims against Mike Lynch and Sushovan Hussain.]]></description>
                        <pubDate>
                            Fri, 28 Jan 2022 13:58:50 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/hewlett-packard-prevails-in-its-autonomy-related-fraud-claims/</link>
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            <item>
                <title>The SFO&#x27;s not so long arm: R (KBR) v SFO</title>
                    <description><![CDATA[In a significant ruling, the Supreme Court has held that the Serious Fraud Office does not possess the power to compel a foreign company with no business or presence in the UK to produce documents held outside the UK.  The judgment is a useful illustration of the court&#x27;s approach to statutory interpretation, and confirms that the territorial extent of legislative provisions is to be determined by Parliament, and not the judiciary.]]></description>
                        <pubDate>
                            Mon, 08 Mar 2021 13:57:14 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-sfos-not-so-long-arm-r-kbr-v-sfo/</link>
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            </item>
            <item>
                <title>The Dispute Resolution Yearbook 2021</title>
                        <pubDate>
                            Tue, 02 Mar 2021 15:48:59 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-dispute-resolution-yearbook-2021/</link>
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                <title>Supreme Court dismisses illegality defence for solicitors&#x27; negligence despite claimant&#x27;s fraudulent actions</title>
                    <description><![CDATA[The Supreme Court&#x27;s decision in Stoffel &amp; Co v Grondona [2020] UKSC 42 affirms and applies the &quot;trio of conditions&quot; test for the defence of illegality, established by the Supreme Court in Patel v Mirza [2016] UKSC 42.]]></description>
                        <pubDate>
                            Mon, 23 Nov 2020 12:12:31 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/supreme-court-dismisses-illegality-defence-for-solicitors-negligence-despite-claimants-fraudulent-actions/</link>
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            </item>
            <item>
                <title>The &quot;footballer trusts&quot; case &#x2013; the Court of Appeal provides an assist to claimants pleading fraud against corporate bodies</title>
                    <description><![CDATA[Allegations of dishonesty in English civil litigation &#x2013; whether against individuals or corporate bodies &#x2013; are not to be made lightly, and care must be taken over how they are pleaded. This is reflected in paragraph 8.2 of Practice Direction 16, which provides that a claimant must &quot;specifically set out&#x2026;any allegation of fraud&quot; in the Particulars of Claim. The Court of Appeal has, in the recent case of Sofer v SwissIndependent Trustees SA [2020] EWCA Civ 699, provided useful guidance on the rel...]]></description>
                        <pubDate>
                            Tue, 18 Aug 2020 13:56:10 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-footballer-trusts-case-the-court-of-appeal-provides-an-assist-to-claimants-pleading-fraud-against-corporate-bodies/</link>
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            </item>
            <item>
                <title>Collateral waiver and legal professional privilege: PCP Capital Partners v Barclays Bank Plc</title>
                    <description><![CDATA[In this recent decision of Waksman J in the High Court, Barclays were held to have waived privilege in all contemporaneous communications with their lawyers regarding the validity of certain agreements which were the subject of the proceedings.]]></description>
                        <pubDate>
                            Wed, 12 Aug 2020 13:56:09 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/collateral-waiver-and-legal-professional-privilege-pcp-capital-partners-v-barclays-bank-plc/</link>
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            </item>
            <item>
                <title>Jurisdiction and Judgments: where are we now?</title>
                        <pubDate>
                            Fri, 26 Jun 2020 13:55:55 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/jurisdiction-and-judgments-where-are-we-now/</link>
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            <item>
                <title>Key practicalities for remote hearings</title>
                    <description><![CDATA[The transition towards a digitalised legal system has long been on HMCTS cards, however it is only now that real strides have been taken to achieve this.]]></description>
                        <pubDate>
                            Tue, 19 May 2020 13:55:42 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/key-practicalities-for-remote-hearings/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/key-practicalities-for-remote-hearings/</guid>
            </item>
            <item>
                <title>&quot;The world has changed&quot; - how to compel a US-resident witness to give oral evidence at an English trial</title>
                    <description><![CDATA[The case of ACL Netherlands B.V. and others v Dr Michael Lynch and Sushovan Hussain has attracted much media attention.]]></description>
                        <pubDate>
                            Tue, 19 May 2020 13:55:43 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/the-world-has-changed-how-to-compel-a-us-resident-witness-to-give-oral-evidence-at-an-english-trial/</link>
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            </item>
            <item>
                <title>COVID-19: how the lockdown is changing the civil courts</title>
                    <description><![CDATA[The Supreme Court has provided important clarification on the extent to which companies can be found to be vicariously liable under English law.]]></description>
                        <pubDate>
                            Wed, 06 May 2020 13:55:36 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/covid-19-how-the-lockdown-is-changing-the-civil-courts/</link>
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            <item>
                <title>COVID-19: impact on the legal landscape</title>
                    <description><![CDATA[There has been a temporary, but relatively significant, lull in disputes activity since the coronavirus pandemic hit the UK with full force in mid-March.]]></description>
                        <pubDate>
                            Tue, 05 May 2020 13:55:35 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/covid-19-impact-on-the-legal-landscape/</link>
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            <item>
                <title>Gender Diversity - Disputes Yearbook 2019</title>
                    <description><![CDATA[LB assembled a group of litigators to chart the progress of women at the highest levels of disputes.]]></description>
                        <pubDate>
                            Wed, 22 May 2019 13:51:45 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/gender-diversity-disputes-yearbook-2019/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/gender-diversity-disputes-yearbook-2019/</guid>
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            <item>
                <title>New Law Journal - Under the influence</title>
                    <description><![CDATA[The bar for establishing claims of undue influence &amp; unconscionable bargain remains high, say Nicholas Fidler &amp; Emily Tearle.]]></description>
                        <pubDate>
                            Tue, 21 Feb 2017 13:54:02 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/new-law-journal-under-the-influence/</link>
                <guid>https://www.traverssmith.com/knowledge/knowledge-container/new-law-journal-under-the-influence/</guid>
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            <item>
                <title>Insider dealing: To fear or not to fear &#x2013; a redundant question?</title>
                        <pubDate>
                            Sat, 05 Jun 2010 13:54:03 &#x2B;0000
                        </pubDate>
                <link>https://www.traverssmith.com/knowledge/knowledge-container/insider-dealing-to-fear-or-not-to-fear-a-redundant-question/</link>
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