i-law

Liability Risk and Insurance

Stigma claim not barred by redundancy settlement

Payments accepted in full and final settlement of all or any claims, by redundant former employees of the Bank of Credit & Commerce, did not bar them from subsequent action for stigma damages in respect of their disadvantage in the labour market following the subsequent discovery of BCCI’s corrupt practices.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.

Copyright © 2026 Maritime Insights & Intelligence Limited. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address 5th Floor, 10 St Bride Street, London, EC4A 4AD, United Kingdom. Lloyd's List Intelligence is a trading name of Maritime Insights & Intelligence Limited.

Lloyd's is the registered trademark of the Society Incorporated by the Lloyd's Act 1871 by the name of Lloyd's.