REUTERS | Tobias Schwarz
January 15, 2016

Worthing v Lloyds Bank: no continuing duty to correct advice

Those who give investment advice may be ill-advised to take too much comfort from the decision in Worthing v Lloyds Bank. In that case, HH Judge Keyser QC stated obiter that even if Lloyds’ investment advice had been wrong (which was not the case), the claimants’ argument that the bank was under a continuing duty to correct the advice would have failed in any event. Continue reading →

REUTERS | Ali Jarekji
January 13, 2016

CPRC Snippets: December 2015

Papers from the 4 December 2015 CPRC meeting were published on 11 January 2016. This was the last meeting chaired by Richards LJ before his retirement. The Master of the Rolls, and others, thanked him for his excellent contribution to the CPRC.

As this was the last meeting of 2015, not surprisingly, much of the time was spent on finalising amendments due to be implemented in the Spring CPRC update, notably on work to centralise procedures relating to charging orders and attachment of earnings. Continue reading →