OVERVIEW
For the last fifteen years, there has been one major barrier to claims in deceit: the need for the conscious, contemporaneous reliance on a misrepresentation. In Credit Suisse v Ivanishvili [2025] UKPC 53, the Privy Council have declared that this is not the law. Instead, assumptions made by the claimant can suffice. Will this decision now open the floodgates to mass misrepresentation claims? How will it affect claims for:
- s.90A FSMA misleading prospectuses?
- Secret commissions?
- Frauds on the market: Dieselgate, cladding and other scandals?
To find out, join Simon Oakes and Toby Chandler for a seminar at Quadrant Chambers.