Singularis Holdings Ltd (In Official Liquidation) v Daiwa Capital Markets Europe Ltd

Supreme Court [2019] UKSC 50, Lady Hale, President Lord Reed, Deputy President, Lord Lloyd-Jones, Lord Sales and Lord Thomas, 23, 24 July; 30 October 2019

Banking and finance - Duty of care - Quincecare duty - Attribution of knowledge - Defences - Illegality - Causation - Circularity of action

While this is a decision described by counsel for the respondent as "bristling with simplicity" a description with which Lady Hale agreed, it covers some thorny areas for practitioners including: