Legal News

First reported case on swaps mis-selling resolved in bank’s favour

Published on: 08 January 2016
Published by: LexisPSL
  • First reported case on swaps mis-selling resolved in bank’s favour
  • Original news
  • Briefly, what was the background to this case?
  • What were the legal issues that the judge had to decide in this case?
  • Why did these issues arise?
  • What were the main legal arguments put forward by the customer?
  • What did the judge decide, and why?
  • To what extent is the judgment helpful in clarifying the law in this area?
  • What practical lessons can those advising take away from the case?

Article summary

Banking & Finance analysis: What can be learned from the decision in Thornbridge v Barclays Bank Plc? David Bowden, freelance independent consultant, outlines the case and talks to Lisa Lacob, a barrister at 3 Verulam Buildings, about the consequences of this case. or take a trial to read the full analysis.

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