*/
Statement of claim – Amendment. The claimant entered into a loan agreement with the defendant banks (together the bank). Under the conditions of the loan, the claimant entered into an amortising base rate swap with the bank (the swap). The claimant brought proceedings, contending, among other things, that it had been mis-sold the swap. Only weeks before the trial, the claimant applied for permission to amend its particulars of claim. The Chancery Division ruled that the present case was one where the balance came down firmly in favour of refusing permission for the disputed amendments where the application had been made too late, the amendments were formulated with insufficient clarity and particularity, and where the bank would face real and substantial prejudice if the application were allowed.
Statement of claim – Amendment. The claimant entered into a loan agreement with the defendant banks (together the bank). Under the conditions of the loan, the claimant entered into an amortising base rate swap with the bank (the swap). The claimant brought proceedings, contending, among other things, that it had been mis-sold the swap. Only weeks before the trial, the claimant applied for permission to amend its particulars of claim. The Chancery Division ruled that the present case was one where the balance came down firmly in favour of refusing permission for the disputed amendments where the application had been made too late, the amendments were formulated with insufficient clarity and particularity, and where the bank would face real and substantial prejudice if the application were allowed.
The beginning of the legal year offers the opportunity for a renewed commitment to justice and the rule of law both at home and abroad
By Louise Crush of Westgate Wealth Management sets out the key steps to your dream property
A centre of excellence for youth justice, the Youth Justice Legal Centre provides specialist training, an advice line and a membership programme
By Kem Kemal of Henry Dannell
By Ashley Friday of AlphaBiolabs
Providing bespoke mortgage and protection solutions for barristers
Joanna Hardy-Susskind speaks to those walking away from the criminal Bar
Tom Cosgrove KC looks at the government’s radical planning reform and the opportunities and challenges ahead for practitioners
From a traumatic formative education to exceptional criminal silk – Laurie-Anne Power KC talks about her path to the Bar, pursuit of equality and speaking out against discrimination (not just during Black History Month)
James Onalaja concludes his two-part opinion series
Yasmin Ilhan explains the Law Commission’s proposals for a quicker, easier and more effective contempt of court regime