Legal Business

Sponsored briefing: The latest from the Lloyds/HBOS litigation

Gatehouse Chambers’ Laurence Page and Michael Marris on Sharp v Blank [2019] EWHC 3078 (Ch)

Does the latest Lloyds/HBOS litigation (Sharp v Blank [2019] EWHC 3078 (Ch)) underline the old saying that you shouldn’t put robbers to work in a bank? Lloyds shareholders might say so, having lost out in a multimillion-pound legal fight against the bank following its acquisition of HBOS at the zenith of the 2008 financial crisis – but theirs was a view with which the High Court did not agree.