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Law digests: 2 July 2021

02 July 2021
Issue: 7939 / Categories: Case law , In Court , Law digest
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Damages

Manchester Building Society v Grant Thornton UK LLP [2021] UKSC 20, [2021] All ER (D) 45 (Jun)

Manchester Building Society (MBS) succeeded in its appeal against Grant Thornton LLP (GT) for negligent advice given to MBS regarding the use of ‘hedge accounting’ to adjust the value of its mortgages on the balance sheet so as to eliminate or reduce the volatility risk. The Supreme Court held that, applying the correct analysis, the judge and the Court of Appeal, Civil Division, were wrong to hold that the loss sustained by MBS in reliance on GT’s negligent advice was not within the scope of GT’s duty. They should have concluded that it was a loss from which GT had owed a duty of care to protect the society. The loss had been caused by a matter which GT had negligently failed to appreciate and report to MBS and which had made its advice wrong.


Discrimination

Forstater v CGD Europe and others [2021] All ER (D) 62 (Jun)

The claimant held gender-critical beliefs, which included the belief that sex was immutable

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MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

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