Supreme Court judgment in ‘Patel v Mirza’: illegality and restitution

20 August

The Supreme Court has handed down judgment in Patel v Mirza [2016] UKSC 42. The lead judgment was by Lord Toulson JSC. Full judgment text available here. The case involved the use of a spread-betting account to speculate on price movements of Royal Bank of Scotland Plc (“RBS”) shares. The account holder (the appellant) intended to use […]


Mortgage Express v Countrywide judgment

01 August

At the end of July, the High Court handed down judgment in Mortgage Express v Countrywide Surveyors Ltd [2016] EWHC 1830 (Ch). The Court had previously found that the defendant surveyors were liable in deceit to the mortgagee, for providing inflated valuation figures on which the mortgagee had made 39 loan advances. None of these loans would […]