Contractual Interpretation, and Update on Wood v Capita and Taurus Petroleum. RZ – FSMA s.90 and s.90A (Securities Claims, which is the Cause of Action for the RBS Rights Litigation and Tesco Litigation)

A round-up of topical banking law issues – on contractual construction, how the pendulum swings between literal construction and business common sense; on the nuts and bolts of a securities claim under s90 or s90A FSMA, and the uncharted waters of the standard of reliance and measure of damages available for a s90A claim; and what does the Supreme Court’s recent decision in Taurus Petroleum tell us about the situs of debts, third party debt orders and receiverships.”