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LLR: Insurance & Reinsurance

BUNNEY v BURNS ANDERSON PLC AND ANOTHER CAHILL v TIMOTHY JAMES & PARTNERS LTD

[2008] Lloyd's Rep IR 198

CHANCERY DIVISION

Before Mr Justice Lewison

Financial Ombudsman Service - Order by FOS that defendant pay £228,055 to the applicant for loss caused by unsuitable advice - Whether court had jurisdiction to hear a challenge to the award other than by judicial review - Whether FOS had jurisdiction to award more than £100,000 - Financial Services and Markets Act 2000.

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