Reach for the StaRs!
The long awaited Court of Appeal judgment was handed down in the test case of PAG v RBS in early March. We have previously commented on this extensive litigation and a link to our detailed blog following the High Court judgment can be found here.
On 6 April 2017, new criminal offences for companies and directors will be introduced when the Reporting on Payment Practices and Performance Regulations 2017 (“the Reporting Regulations”) come into effect. Similar Regulations relating to limited liability partnerships (LLPs) will also come into force.
(1) Harlequin Property (SVG) Limited (2) Harlequin Hotels and Resorts Limited v Wilkins Kennedy (a firm) (2016) EWHC 3233 (TCC)
(1) UPL Europe Limited (2) UPL Deutschland GMBH v (1) Agchemaccess Chemicals Limited (2) Grosvenor Chemicals Limited (3) Mr Nicholas Gooch  EWHC 2889 (Ch)
O’Hare v Coutts & Co  EWHC 2224 (QB)
This case is of importance for specialists in the professional negligence field as it provides some clarity on the distinction between offering competent financial advice and the law on using sales techniques to persuade clients to take risks.
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