Bank
Kallakis v Kallakis and others [2023] EWHC 2148 (Comm), [2023] All ER (D) 45 (Sep)
The Commercial Court, dismissing the claim in its entirety against, among others, a mortgagee that had been the victim of a significant property fraud, held that the claimant had commenced his claims as nominee and on behalf of the fraudster, who was also a defendant to the claim and had sought to make it appear that the claim was being brought by an innocent third party rather than by a fraudster against the victim of his fraud, but that, in any event, all the claims were unfounded and the claimant had not had standing to pursue them.
Financial services
Fox-Bryant and another v Financial Conduct Authority [2023] UKUT 224 (TCC), [2023] All ER (D) 152 (Jul)
The Upper Tribunal (Tax and Chancery Chamber) (the UT) dismissed the privacy applications of the applicants who were the owners and directors of a small financial services advisory firm (the company) during the relevant period. The respondent Financial Conduct Authority (the FCA) had issued the applicants with their respective
