Commercial update: No banker's duty to advise customer of harsh terms in its loans
6th July 2016
Does a bank who is negotiating with a customer for a sale of a financial product, owe a common law duty to advise the client about an onerous break clause? Tom Webb analyses a recent decision of the Mercantile Court that considers the scope of a banker’s duty (Fitch v. Lloyds TSB Bank plc [2016] EWHC 1236 (QB)).
Tom is a Commercial Law barrister who regularly advises in business disputes.
Related News
-
A group of 3PB’s commercial and construction arbitrators, along with specialist clerking and management support, will be attending this year’s Dubai Arbitration Week, taking place next week, 10-14 November 2025. In attendance this year will be 3PB’s Head of International Services Peter Collie, Deputy Head of Chambers David Parratt KC (Scot) and the Rt Hon Michael Tomlinson KC, alongside Chambers’ Chief Executive Simon Astill and Senior Practice Manager Joe Townsend. If you would like to...
Continue reading -
3PB’s Intellectual property barrister Faizul Azman has written an article titled ‘Owning the Code, Losing Control: How UK National Security Law Regulates AI and Intellectual Property.’ This article analyses how the UK’s export-control, patent secrecy and investment-screening regimes apply to AI models and datasets that generate dual-use or defence-relevant outputs. It argues that legality turns on capability and potential end-use: an AI system may require a licence because of its technical performance or because the...
Continue reading -
3PB’s employment and discrimination law team welcomes another strong set of results in the latest edition of Chambers and Partners with 20 individual rankings for 16 of its barristers in London, Western, South Eastern and the Midlands Circuits. The team celebrates its 3rd Team ranking, in the Midlands this time, and remains in Band 1 in Western and South Eastern. Our barristers are congratulated for achieving 3 individual rankings in London (+2 year on year)....
Continue reading -
3PB's contentious probate, chancery and property specialist barrister Ashley Blood-Halvorsen (pictured here) acted for the successful applicant in a rare former-spouse, Inheritance Act 1975 claim. Judgment in the case of Kars v Brown and ors [2026] EWHC 31 (Fam) has just been handed down after a two-day trial in front of Deputy High Court Judge Naomi Davey. Ashley acted for the successful former spouse, Hulya Kars, in an application under the Inheritance Act 1975 with...
Continue reading
