Global Financial Crisis: When should trustees litigate?

Nicholas Holland and James Ratcliffe consider whether there are grounds to bring claims for investment losses after the Court of Appeal’s decision in Rubenstein The problem for a trustee will be to know when a ‘good’ claim is good enough, and in most cases they should expect that the first stage will be to seek …
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Cases Referenced

  • JP Morgan Chase Bank & ors v Springwell Navigation Corp [2008] EWHC 1186 (Comm)
  • Re Beddoe, Downes and Cottam [1893] 1 Ch 547
  • Re Brogden (1888) 38 Ch D 546
  • Rubenstein v HSBC Bank plc [2011] EWHC 2304 (QB); [2012] EWCA Civ 1184