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Equity – Breach of confidence. The claimant had approached the first defendant bank (Barclays), intending to obtain financial assistance to pursue a valuable project. The claimant brought a claim for misuse of confidentiality and exclusivity agreements against Barclays and the second defendant company in respect of the project. The Chancery Division ruled that Barclays and the second defendant company had breached obligations of confidentiality by misusing confidential information for the purpose of establishing a strategic partnership between them, but had not breached the exclusivity agreements. Accordingly, the claimant was entitled to compensation of €10m.
Equity – Breach of confidence. The claimant had approached the first defendant bank (Barclays), intending to obtain financial assistance to pursue a valuable project. The claimant brought a claim for misuse of confidentiality and exclusivity agreements against Barclays and the second defendant company in respect of the project. The Chancery Division ruled that Barclays and the second defendant company had breached obligations of confidentiality by misusing confidential information for the purpose of establishing a strategic partnership between them, but had not breached the exclusivity agreements. Accordingly, the claimant was entitled to compensation of €10m.
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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