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WOOD v COMMERCIAL FIRST BUSINESS LTD AND OTHERS BUSINESS MORTGAGE FINANCE 4 PLC v PENGELLY

Lloyd's Law Reports Plus

WOOD v COMMERCIAL FIRST BUSINESS LTD AND OTHERS BUSINESS MORTGAGE FINANCE 4 PLC v PENGELLY

[2021] Lloyd's Rep. Plus 89

COURT OF APPEAL

Before Lord Justice David Richards, Lord Justice Males and Lady Justice Elizabeth Laing

Bribery – Commissions paid to broker for arranging loans – Right of borrower to rescind loans – Whether fiduciary duty required – Secret and half-secret commissions.

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