By Christopher Crosby (January 1, 2022, 10:02 PM GMT) — As attorneys say goodbye to 2021 the courts are gearing up for major cases in financial services and insurance, ranging from a major test of securities class actions to the compensation limits on insurance payouts as a result of the coronavirus pandemic.
British judges have shied away from overloading lenders with red tape, but two judgments expected next year at the U.K. Supreme Court and the Judicial Committee of the Privy Council could rewrite the rules for recovering claims against banks.
Elsewhere, Russian and Ukrainian banks are pursuing former owners and shareholders in two cases with billions of pounds on the…
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