3VB’s Finance Column: David Simpson and Clarissa Jones on why conspiracy claims against banks so often fail

Over the past few years, it has been increasingly common for banks to find themselves as defendants to large conspiracy claims in which they are accused of deliberately causing harm to their own customers. In this article, David Simpson and Clarissa Jones consider a number of characteristics that tend to protect banks from these claims. Specifically, David and Clarissa focus on three cases – Bank St Petersburg PJSC v Arkhangelsky [2022] EWHC 2499 (Ch); Henderson and Jones Ltd v Ross & ors [2023] EWHC 1276 (Ch); and Suppipat & ors v Narongdej & ors [2023] EWHC 1988 (Comm) and consider what lessons banks might learn from them.

Read the article in full here.

This article was first published by Practical Law in March 2024.

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