Thank the Lord for the motor vehicle. The legal profession continues to thrive on the back of disputes generated by it, as recent law reports demonstrate.
The Court of Appeal in Johnson v Firstrand Bank Ltd [2024] EWCA Civ 1282 held that consumers who took out loans to purchase a car were entitled to compensation because the lenders paid a secret commission to the dealer who had referred the borrower to them. The judgment caused financial institutions to wobble amid talk of this opening the way to the next PPI claims bonanza. With remarkable alacrity, the Supreme Court has listed an appeal to be heard over three days, starting on 1 April.
Rob Weir KC won for the claimants in Johnson. He was also instructed by the unsuccessful appellant in the intriguing ongoing EUI Ltd v Smith [2024] EWHC 2803 (KB). This is another chapter in the internecine war between claimants and insurers
