*SPL Private Finance (PF1) IC Ltd and other v Arch FP LLP; SPL Private Finance (PF2) IC Ltd and others v Farrell

Negligence – Duty of care. The issue in the first claim whether the defendant, in acting an the claimants' investment fund manager, had acted in breach of fiduciary duty, in breach of contract, and negligently. In the second claim, the issue was whether the defendant chief executive officer of the defendant in the first claim had dishonestly assisted it to breach its fiduciary duties and induced its breaches of contract. The Commercial Court held that the claimants in both claims were entitled to remedies against both defendants.

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