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Our recent article in the New Law Journal explores how the Supreme Court's decision in Hopcraft signals a return to orthodoxy on fiduciary duties and common law bribery
Our recent article in the New Law Journal explores how the
Supreme Court's decision in Hopcraft signals a return to
orthodoxy on fiduciary duties and common law bribery.
The three conjoined appeals considered the sale of motor finance
to financially unsophisticated consumers buying second hand cars.In
a unanimous judgment, the Supreme Court allowed the lenders'
appeal in part. The judgment restores orthodoxy in the law of
fiduciary duties and common law bribery, while simultaneously
providing a basis and benchmark for future motor finance commission
claims under s 140A of the Consumer Credit Act 1974 (CCA
1974).
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.