Recent Contract Law Cases Relevant in the Financial Services Industry


This DechertOnPoint examines some decisions of the English courts in the past year that may have relevance in the financial services industry. It is aimed primarily at in-house counsel and covers decisions in the following areas:

- excluding liability for misrepresentation

- interpretation

- the contra proferentem rule

- letters of intent, “subject to contract” and contract formation

- penalties

- “true and fair” warranties

- damages for fraudulent misrepresentation

- the Unfair Contract Terms Act

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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