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Legal updates | Simmons & Simmons
Motor finance commissions – what does the Supreme Court’s ruling mean for your business?
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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?