Commercial update: No banker's duty to advise customer of harsh terms in its loans
6th July 2016
Does a bank who is negotiating with a customer for a sale of a financial product, owe a common law duty to advise the client about an onerous break clause? Tom WebbTom WebbCall: 2010 analyses a recent decision of the Mercantile Court that considers the scope of a banker’s duty (Fitch v. Lloyds TSB Bank plc [2016] EWHC 1236 (QB)).
Tom is a Commercial Law barrister who regularly advises in business disputes.
Related Articles
-
3PB becomes a 2024 Bronze Patron of Advocate
3PB Barristers has become a Bronze Patron of Advocate as a result of successfully raising over £2,500 for the charity at its recent Private Law and Financial Remedies Family Law Conference. The family group made the donation, along with a separate donation for the same amount to Bfriends (the official charity of Birmingham Children’s Trust), drawing on the conference proceeds generated from ticket sales and sponsorship. Advocate matches people in need of legal advice with...
Continue reading -
Rachel Bale delivers interactive training on TOLATA claims
Rachel Bale, one of 3PB's chancery and property barristers, provided an in-depth seminar to thirty members of law firm Pennington Manches Cooper's Real Estate and Family team on "All matters TOLATA". The interactive seminar involved a comprehensive overview of trusts arising in both domestic and commercial contexts, updates on key precedents such as Hudson v Hathaway [2022] EWCA Civ 1648 as well as a review of the court's approach to equitable accounting. Rachel also gave...
Continue reading -
3PB’s William Webster and Robert Weatherley publish second edition of 'Restrictions on the Use of Land'
3PB is pleased to announce William Webster and Robert Weatherley, barristers within chambers' Property and Estates team, have released a second edition of their successful book titled Restrictions on the Use of Land, published by Wildy, Simmonds & Hill Publishing Ltd. This informative book comprises of sections on easements, village greens, public rights of way, restrictive covenants, assets of community value and planning enforcement. The authors are grateful to Lord Neuberger (former President of the Supreme Court)...
Continue reading -
3PB teams up with Slater and Gordon to host Oktoberfest 2024 celebration in aid of Child Brain Injury Trust
3PB Barristers (3 Paper Buildings) and its personal injury and clinical negligence teams, led by Michelle Marnham, are delighted to be hosting an Oktoberfest celebration in London in October 2024, alongside law firm Slater and Gordon, with all proceeds going to the Child Brain Injury Trust (CBIT). Taking place on Tuesday 1 October from 6pm at the Munich Cricket Club, 1 Abbey Orchard Street in Victoria, London SW1 this event promises a mini Bavarian wonderland...
Continue reading