Raiffeisen Zentralbank österreich Ag V Royal Bank Of Scotland 2010
Raiffeisen zentralbank osterreich ag v royal bank of scotland 2010 ewhc 1392.
Raiffeisen zentralbank österreich ag v royal bank of scotland 2010. Comc 11 jun 2010. Raiffeisen zentralbank osterreich ag v royal bank of scotland plc 2010 ewhc 1392 comm claimant must establish that the representation played a real and substantial part in inducing him to enter into the contract. Raiffeisen zentralbank osterreich ag v the royal bank of scotland plc. The court was asked whether certain provisions fell within section 3 of the misrepresentation act.
For the purpose of monetising this value the royal bank of scotland plc rbs was mandated by eel to set up a special purpose entity rbs financial trading company ltd rbsft capitalised with approximately 3 5 equity and 96 5 debt to buy newly issued security the class b preference shares which carry the rights of a dividend stream funded by the interest in etol. Raiffeisen zentralbank osterreich ag v rbs plc 2010 ewhc 1392. United kingdom july 15 2010. Your email address will not be published.
In raiffeisen zentralbank österreich v royal bank of scotland 2010 ewhc 1392 the commercial court held that a claimant seeking to rescind a contract for misrepresentation must show that but. Raiffeisen zentralbank osterreich ag v the royal bank of scotland plc 2010 ewhc 1392 comm queen s bench division commercial court mr justice christopher clarke 11 june 2010. Appeal from raiffeisen zentralbank osterreich ag v five star general trading llc and others qbd times 21 jun 00 gazette 22 jun 00 2000 2 ll r. Raiffeisen zentralbank osterreich ag rzb v the royal bank of scotland plc rbs 2010 ewhc 1392 11 june 2010 in this case the latest in a series of recent judgments dealing with what can broadly be described as mis selling claims rzb alleged that rbs had made certain implied misrepresentations which had induced rzb to participate in the syndication of a loan to an enron.
Leave a reply cancel reply. Christopher clarke j ratio. The royal bank of scotland. The claimant must go further and establish that the representation played a real and substantial part in inducing him to enter into the contract.