Banking Litigation Podcast EP58: Monthly Update – January/February 2026

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 Jonah Oliver.

Speakers: John Corrie (Partner), Ceri Morgan (Knowledge Counsel), Jonah Oliver (Associate).

You can find out more about the cases covered in this podcast on our blog at the following links:

• High Court rejects attempt by Noteholders to remove and replace Trustee against wishes of Issuer
• High Court finds UK broker did not breach contract by refusing to return funds to client subject to US sanctions
• High Court strikes out illegality defence premised on alleged breaches of US sanctions
• High Court applies "scope of duty" principle to limit damages claimed for breach of so-called Quincecare duty
• Court of Appeal recognises "onerous clause doctrine" where terms are incorporated by reference
• Supreme Court reshapes UK competition class actions landscape
• Government to legislate for enforceability of litigation funding agreements based on a share of damages
• Banking Litigation Yearbook and broader Disputes Yearbook for 2025
• 2026 Global FSR Outlook: The Human Element | Herbert Smith Freehills Kramer | Global law firm