Supreme Court
Stanford International Bank Ltd (in liquidation)
v
HSBC Bank plc
[2022] UKSC 34
2022 Jan 19; Dec 21
Lord Hodge DPSC, Lord Kitchin, Lord Sales, Lord Leggatt, Lady Rose JJSC
BankingDuty of careExecution of paymentBank making payments out of company’s accounts shortly before company entering liquidationLiquidators claiming bank in breach of duty to refrain from executing payment orders in certain circumstancesWhether company suffering any loss where payments having reduced company’s indebtedness to creditors
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