The Weekly Law Reports
[2023] 2 WLR 79
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
Banking— Duty of care— Execution of payment— Bank making payments out of company’s accounts shortly before company entering liquidation— Liquidators claiming bank in breach of duty to refrain from executing payment orders in certain circumstances— Whether company suffering any loss where payments having reduced company’s indebtedness to creditors
This content is available only to subscribers. If you have a subscription to this content, please log in.
If not, you can subscribe online, request a free trial, or contact ICLR by email at enquiries@iclr.co.uk or on +44 (0) 207 242 6471 to discuss further options.
JOHs should sign in via eLIS.
If not, you can subscribe online, request a free trial, or contact ICLR by email at enquiries@iclr.co.uk or on +44 (0) 207 242 6471 to discuss further options.
JOHs should sign in via eLIS.