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Pleading – Amendment. The claimants brought proceedings alleging negligence by the first defendant in the design of an investment strategy for a pension fund and alleged mismanagement by the second defendant of the fund's investments. The claimants applied for permission to amend the particulars of claim and the first defendant applied to strike out part of the particulars of claim or, alternatively, for further information. The Chancery Division allowed the first main amendment to the particulars of claim and disallowed the second. The application for strike out was refused, but the second defendant was entitled to the further information it sought. Further, the claimants were required to re-plead their case.
Pleading – Amendment. The claimants brought proceedings alleging negligence by the first defendant in the design of an investment strategy for a pension fund and alleged mismanagement by the second defendant of the fund's investments. The claimants applied for permission to amend the particulars of claim and the first defendant applied to strike out part of the particulars of claim or, alternatively, for further information. The Chancery Division allowed the first main amendment to the particulars of claim and disallowed the second. The application for strike out was refused, but the second defendant was entitled to the further information it sought. Further, the claimants were required to re-plead their case.
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