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Legal Developments worldwide

Have financial advisers been let off the hook because of the financial crisis?

November 2011 - Litigation & Dispute Resolution. Legal Developments by Hassans.

More articles by this firm.

Article by Scott Simmons, Associate

Case law in the UK tells us of the importance of the duty to take reasonable care and that, if you suffer loss as a result of another party’s negligence, you can recover that loss. However, the recent case of Rubenstein v HSBC Bank has again highlighted that the loss suffered must be foreseeable if it is to be recovered.

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