Consumer

The Supreme Court case on motor finance commissions is based upon a simple economic falsity, argues Fred Philpott

Johnson v FirstRand sent ‘shockwaves through the financial services industry’, write Eddie Flanagan, partner and specialist in asset and debt recovery, and Harpreet Sandhu, Chartered Legal Executive at Shakespeare Martineau, in this week’s NLJ. They discuss the case and its astonishing implications. For example, Santander UK revealed in November that it has set aside £295m for potential compensation.

With shockwaves from the motor finance commissions case continuing to reverberate, Eddie Flanagan & Harpreet Sandhu explain why it is time for the financial services sector to reflect on compliance & customer trust

The Financial Conduct Authority (FCA) has said it will consult on an industry-wide redress scheme if consumers have lost out due to secret commissions on motor finance.

Bats in court? It can only be the latest report from The Insider, AKA NLJ columnist Professor Dominic Regan of City Law School.

This month, Dominic Regan covers leapfrog appeals, ‘short sharp mediation’, the role of juniors & table tennis bats in court

The Competition Appeals Tribunal (CAT) has approved the £200m settlement between Mastercard and Walter Merricks, in a claim initially valued at £14bn.

Bought a car in the past ten years? Secret commission on motor finance has been in the headlines recently, with a major case pending in the Supreme Court in April. Writing in this week’s NLJ, Henry Warwick KC and Douglas Maxwell, Henderson Chambers, analyse the Court of Appeal ruling in Johnson v FirstRand Bank Ltd, which opened the can of worms.

Henry Warwick KC & Douglas Maxwell discuss the £30bn+ decision for the Supreme Court

Your mind is not a kettle. Product liability and neurotechnology is the subject of Crown Office Chambers barrister Harry Lambert’s fifth article in his astonishing series on neurotech law, in this week’s NLJ.