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Practice – Transfer of proceedings. The Companies Court granted the defendant Royal Bank of Scotland's application for an order to transfer proceedings brought by the claimant, Property Alliance Group Ltd, to the Financial List, notwithstanding that the claim was for less than £50m and that the transfer would result in a change of judge. It held that the allegations concerning, among other things, the alleged mis-selling of four interest rate swaps and, the alleged improper conduct of RBS in relation to the fixing of LIBOR rates involved important issues of general market significance and that a transfer into the Financial List satisfied the requirements of CPR 30.5, Practice Direction 63AA and the overriding objective. The court considered the applicable principles in deciding whether to accede to a contested application to transfer existing proceedings into the Financial List, where those proceedings satisfied the definition of 'Financial List claim' in CPR 63A.1(2).
Practice – Transfer of proceedings. The Companies Court granted the defendant Royal Bank of Scotland's application for an order to transfer proceedings brought by the claimant, Property Alliance Group Ltd, to the Financial List, notwithstanding that the claim was for less than £50m and that the transfer would result in a change of judge. It held that the allegations concerning, among other things, the alleged mis-selling of four interest rate swaps and, the alleged improper conduct of RBS in relation to the fixing of LIBOR rates involved important issues of general market significance and that a transfer into the Financial List satisfied the requirements of CPR 30.5, Practice Direction 63AA and the overriding objective. The court considered the applicable principles in deciding whether to accede to a contested application to transfer existing proceedings into the Financial List, where those proceedings satisfied the definition of 'Financial List claim' in CPR 63A.1(2).
Chair of the Bar reports back
Marie Law, Director of Toxicology at AlphaBiolabs
A £500 donation from AlphaBiolabs has been made to the leading UK charity tackling international parental child abduction and the movement of children across international borders
Marie Law, Director of Toxicology at AlphaBiolabs, outlines the drug and alcohol testing options available for family law professionals, and how a new, free guide can help identify the most appropriate testing method for each specific case
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