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02 July 2021
Issue: 7939 / Categories: Case law , In Court , Law digest
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Law digests: 2 July 2021

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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,

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NEWS
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NLJ this week: Push to scrap ‘vague’ public office misconduct law
A wave of scandals has reignited debate over misconduct in public office, criticised as unclear and inconsistently applied. Writing in NLJ this week, Alice Lepeuple of WilmerHale says the offence’s ‘vagueness, overbreadth & inconsistent deployment’ have undermined confidence
NLJ this week: World Cup faces legal storm before kick-off
FIFA’s 2026 Men's World Cup is already mired in controversy, with complaints over ‘excessive prices’ and opaque ticketing. Writing in NLJ this week, Professor Dr Ian Blackshaw of Valloni Attorneys warns that governing bodies may face scrutiny under EU competition law, with allegations of a ‘dominant—if not monopolistic—position’ in ticket sales
NLJ this week: Trade mark practice splits widen post-Brexit
Ten years after Brexit, UK and EU trade mark regimes are drifting apart in practice if not principle. Writing in NLJ this week, Roger Lush and Lara Elder of Carpmaels & Ransford highlight tighter UK scrutiny after SkyKick, where overly broad filings may signal ‘bad faith’
NLJ this week: Sanctions ruling casts ‘wide net’ over global finance
A landmark Supreme Court ruling has underscored the sweeping reach of UK sanctions. In NLJ this week, Brónagh Adams and Harriet Campbell of Penningtons Manches Cooper say the regime is a ‘blunt instrument’ requiring only a factual, not causal, link to restricted goods
NLJ this week: England’s courts cement status as fraud battleground
Fraud claims are surging, with England and Wales increasingly the forum of choice for global disputes. Writing in NLJ this week, Jon Felce of Cooke, Young & Keidan reports claims have risen sharply, with fraud now a major share of litigation and costing billions worldwide
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