Cains successfully represent Bank of Scotland in dismissing claim

Cains recently secured a judgment, on behalf of Bank of Scotland Plc, dismissing a claim against it on the ground that the Isle of Man courts were not the appropriate courts in which to litigate the alleged claim.

The judgment is of particular interest in so far as the court considered differences between the legal regimes, in England and the Isle of Man, in relation to corporate insolvency and reconstruction, and the availability of legal aid and conditional fee arrangements.

His Honour Deemster Corlett handed down his judgment on 27 January 2017 and full details can be obtained by following the link. https://www.judgments.im/content/J1850.htm

The team from Cains Advocates was led by Robert Colquitt.