Cases

THE SUPREME COURT HAND DOWN A LANDMARK JUDGMENT NARROWING THE SCOPE OF THE QUINCECARE DUTY

Judgment Date: 12 Jul 23

Summary In the highly significant decision of Philipp v Barclays Bank plc [2023] UKSC 25, the Supreme Court has overturned the Court of Appeal’s decision as to the scope of the so-called Quincecare duty. The decision provides certainty for financial institutions as to the extent of their obligations to investigate a...

Chandrasekaran v Fisher [2023] EWHC 522 (Ch)

Judgment Date: 27 Feb 23

On 22 November 2022, joint administrators were appointed to Scentrics Information Security Technologies Limited (“Scentrics”) by the executors of a deceased qualifying floating charge holder. Scentrics was described in the proceedings as a “technology IP company operating in the field of post-quantum cryptography and advanced machine learning techniques”. Mr Guruparan Chandrasekaran (Scentrics’...