Tecnimont Arabia Ltd v National Westminster Bank plc

Subject Matter

RESTITUTION — Unjust enrichment — Ingredients of claim — Fraudster persuading claimant to make international interbank transfer to account at defendant bank — Majority of sum transferred irrecoverable following dissipation by fraudster — Claimant bringing claim in unjust enrichment against bank — Whether in absence of direct dealings between parties defendant enriched at claimant’s expense

[2022] EWHC 1172 (Comm); [2023] Bus LR 106; [2023] 1 All ER 57; [2023] 1 All ER (Comm) 342; [2022] WLR(D) 228, QBD

Commentary

RPC Perspectives
APP fraud: Commercial Court considers approach to unjust enrichment and knowing receipt claims Case comment