Office of Fair Trading v Lloyds TSB Bank plc

Subject Matter

FAIR TRADING — Consumer credit — Agreement — Regulated consumer credit agreement — Restricted use credit agreement — Debtor-creditor-supplier agreement — Liability of creditor for breaches by supplier — Liability of creditor in foreign transactions — Consumer Credit Act 1974, ss 11(1)(b), 12(1)(b), 75(1), 187(1)(2)(3)

[2007] UKHL 48; [2008] AC 316; [2007] 3 WLR 733; [2008] Bus LR 450; [2008] 1 All ER 205; [2008] 1 All ER (Comm) 113; [2008] 1 Lloyd's Rep 30, HL(E)

FAIR TRADING — Consumer credit — Credit card — Connected lender liability — Credit card transactions entered into under four-party structure of agreements involving debtor, creditor, supplier and merchant acquirer — Transactions entered into abroad — Claim by debtor for misrepresentation or breach of contract by supplier — Whether statutory remedy available against creditor where transaction entered into under four-party structure or abroad — Consumer Credit Act 1974, ss 9, 11, 12, 16, 75, 187

[2006] EWCA Civ 268; [2007] QB 1; [2006] 3 WLR 452; [2006] 2 All ER 821; [2006] 1 All ER (Comm) 629, CA

Appellate History