Banking Litigation Episode 46: Monthly update May/June 2024

In this edition of our banking litigation podcast, we consider some recent cases that will be most relevant to in-house lawyers at banks and financial institutions. This episode is hosted by John Corrie, a partner in our banking litigation team, who is joined by Ceri Morgan and special guest Charlotte Benton.

You can find links to our blogs on the cases covered in this podcast below:

• Court of Appeal finds payment obligations under letters of credit suspended by UK Russian sanctions regime
• Supreme Court upholds anti-suit injunction against Russian court
• Supreme Court finds no obligation on party seeking to rely on force majeure clause to accept counterparty’s offer of non-contractual performance
• High Court strikes out APP fraud claims against receiving payment service provider
• Latest APP fraud claim against receiving PSP: High Court refuses to strike out claim for unjust enrichment
• High Court refuses summary judgment where bank account frozen without notice

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