The U.K. Supreme Court / Courtesy Photo Philipp v Barclays: Where Next for Reimbursement of Fraud Victims?
If the Supreme Court had decided in favour of the claimant, it could have opened banks up to a flood of litigation from fraud victims.
September 11, 2023 at 04:54 AM
5 minute read
Expert Opinion
On July 12, 2023, the UK Supreme Court handed down its judgment in the case of Philipp v Barclays Bank UK Plc, providing much-needed clarity on the scope of the Quincecare duty and the limits on a bank's obligations when making a payment on behalf of a customer.
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