Legal updates | Simmons & Simmons

Motor finance commissions – what does the Supreme Court’s ruling mean for your business?

Simmons & Simmons

The UK Supreme Court handed down its judgment on Friday 1 August in the motor finance commission case of Johnson, Wrench and Hopcraft. The decision might have significant implications for a wide range of businesses, beyond the motor finance sector.

We hosted a concise, high-level webinar where our team explained what this ruling could mean for your business, including:

  • What is the immediate impact on motor finance?
  • Read-across risk: What impact is the judgment likely to have on:
    • other intermediated lending business models; and
    • other sectors including insurance, asset management and funds?
  • Are there other sectors which could be impacted by the judgment?