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Banks’ duty of care in financial transactions (Golden Belt v BNP Paribas)

Banks’ duty of care in financial transactions (Golden Belt v BNP Paribas)
Published on: 18 December 2017
Published by: LexisPSL
  • Banks’ duty of care in financial transactions (Golden Belt v BNP Paribas)
  • Original news
  • What is the significance of this case? Why is it important for practitioners?
  • What was the background to the case?
  • What issues arose for the court’s consideration?
  • Did a duty of care exist? To whom was it owed, and why?
  • Was the duty breached?
  • What was the measure of damages?
  • How does this case fit in with other developments in this area of the law? Do you have any predictions for future developments in this area?

Article summary

Dispute Resolution analysis: The question of whether a bank owed a duty of care to third parties was before the High Court in Golden Belt v BNP Paribas. David Jones, an associate of Fox Williams LLP, explores the judgment. or take a trial to read the full analysis.

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