Singularis Holdings Ltd v Daiwa Capital Markets Europe Ltd [2019] UKSC 50

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Manage episode 250915401 series 1194668
By marcuscleaver and Marcus Cleaver. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Fraudulent transactions made by a Saudi businessman left his creditors out of pocket but in this case it is the company that he was funneling the funds through that sued the bank for carrying out his instructions. At the heart of proceedings is the Quincecare duty that states a bank should not follow the dishonest instructions of its customers and in this episode we discuss its place as part of the modern legal system. Music from bensound.com

189 episodes