*/
Statement of claim – Amendment. The claimant entered into a loan agreement with the defendant banks (together the bank). Under the conditions of the loan, the claimant entered into an amortising base rate swap with the bank (the swap). The claimant brought proceedings, contending, among other things, that it had been mis-sold the swap. Only weeks before the trial, the claimant applied for permission to amend its particulars of claim. The Chancery Division ruled that the present case was one where the balance came down firmly in favour of refusing permission for the disputed amendments where the application had been made too late, the amendments were formulated with insufficient clarity and particularity, and where the bank would face real and substantial prejudice if the application were allowed.
Statement of claim – Amendment. The claimant entered into a loan agreement with the defendant banks (together the bank). Under the conditions of the loan, the claimant entered into an amortising base rate swap with the bank (the swap). The claimant brought proceedings, contending, among other things, that it had been mis-sold the swap. Only weeks before the trial, the claimant applied for permission to amend its particulars of claim. The Chancery Division ruled that the present case was one where the balance came down firmly in favour of refusing permission for the disputed amendments where the application had been made too late, the amendments were formulated with insufficient clarity and particularity, and where the bank would face real and substantial prejudice if the application were allowed.
Chair of the Bar Sam Townend KC highlights some of the key achievements at the Bar Council this year
Louise Crush of Westgate Wealth Management highlights some of the ways you can cut your IHT bill
Rachel Davenport breaks down everything you need to know about AlphaBiolabs’ industry-leading laboratory testing services for legal matters
By Louise Crush of Westgate Wealth Management sets out the key steps to your dream property
A centre of excellence for youth justice, the Youth Justice Legal Centre provides specialist training, an advice line and a membership programme
By Kem Kemal of Henry Dannell
Professor Dominic Regan and Seán Jones KC identify good value bottles across the price spectrum – from festive fizz to reliable reds
Joanna Hardy-Susskind speaks to those walking away from the criminal Bar
Imposing a professional obligation to act in a way that advances equality, diversity and inclusion is the wrong way to achieve this ambition, says Nick Vineall KC
Tom Cosgrove KC looks at the government’s radical planning reform and the opportunities and challenges ahead for practitioners
By Ashley Friday of AlphaBiolabs
