Banking Litigation Podcast EP55: Monthly Update – July/August 2025

In this edition of our banking litigation podcast, we consider some recent cases that will be most relevant to in-house lawyers at banks and financial institutions. This episode is hosted by John Corrie, a partner in our banking litigation team, who is joined by Ceri Morgan and special guest Nic Patmore.

You can find links to our blog posts on the case covered in this podcast below:

• Supreme Court decision in Hopcraft motor finance commission appeal – key implications for financial services firms
• Banking Litigation Podcast Episode 54: Hopcraft Special Edition
• English High Court decides in favour of banks in EuroChem bond claim, confirming payment under on-demand bonds prohibited due to Russian sanctions
• High Court grants bank stakeholder relief under CPR Part 86 in USD 11 million deposit dispute involving competing claims
• High Court permits documents obtained via Norwich Pharmacal Order to be used against disclosing bank in related APP fraud claim
• Financial List finds claim for declaratory relief brought by ultimate beneficial owners of loan notes against issuer is arguable
• Privy Council abrogates so-called "Shareholder Rule" under English law: companies can assert privilege against their shareholders
• Hague 2019 Judgments Convention comes into force in UK
• Civil Justice Council's final report on litigation funding recommends "light touch" statutory regulation

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