Quincecare in the Privy Council: Royal Bank of Scotland International Ltd v JP SPC 4 and another (Isle of Man) [2022] UKPC 18

On 12 May 2022 the Judicial Committee of the Privy Council handed down judgment in Royal Bank of Scotland International Ltd v JP SPC 4 and another (Isle of Man) [2022] UKPC 18. The appeal concerned the important question of whether a bank owes a duty of care in negligence to a person who is known to be the beneficial owner of moneys held in the account of a customer of the bank and who has been defrauded by the customer.

You can read the full post on our Commercial, Construction & International Arbitration Blog here.