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Unidentified applicants denied Norwich Pharmacal relief and pre-action disclosure (Zeus Investors v HSBC Bank plc)

Unidentified applicants denied Norwich Pharmacal relief and pre-action disclosure (Zeus Investors v HSBC Bank plc)
Published on: 08 December 2020
Published by: LexisPSL
  • Unidentified applicants denied Norwich Pharmacal relief and pre-action disclosure (Zeus Investors v HSBC Bank plc)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Dispute Resolution analysis: Unnamed investors sought disclosure from HSBC in order to ‘assist in the formulation and assessment of the proposed claim’. The court held that the application was a ‘fishing expedition’ and would not even have been justifiable on standard disclosure. It would have fallen within model E of the disclosure pilot which is only to be ordered in exceptional cases. The fact that it was not clear who the claimants were was unsatisfactory and was a relevant factor in assessing whether this was an appropriate case for Norwich Pharmacal relief to be ordered in the interests of justice. Written by Natalie Todd, partner, at PCB Litigation LLP. or take a trial to read the full analysis.

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