Philip Parish

Philip Parish

Hogan Lovells

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UK: A new litigation risk for PSPs? Quincecare claim brought by derivative action is successful

Ever since the Supreme Court held, in Philipp v Barclays Bank plc1(Philipp), that claims based on the Quincecare duty against the payment services provider (PSP) which paid the funds away were not open to victims of...more

5/12/2025  /  Appeals , Banks , Breach of Contract , Derivatives , Financial Conduct Authority (FCA) , Fraud , Payment Systems , UK
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