4 août 2023
Disputes Quick Read – 25 de 101 Publications
The Supreme Court's judgment in Philipp v Barclays Bank UK Plc was handed down on 12 July 2023. Given the rise in authorised push payment fraud (APP Fraud) with a reported £485.2 million being lost in the UK in 2022, this case has been closely watched. APP fraud involves a fraudster tricking a victim into willingly making payment transfers to the fraudsters account, making the victim think the transfer is genuine (hence 'authorised') with the funds typically long gone before the victim realises what has happened.
Mr and Mrs Philipps were APP Fraud victims, tricked into transferring £700,000 to "safe" accounts in the UAE. Reimbursement was sought from their bank, claiming that it owed what has become known as the "Quincecare duty" after Quincecare Limited v Barclays Bank [1992]: that a bank has a duty not to execute a payment instruction given by an agent of its customer without making enquiries if the bank has reasonable grounds for believing that the agent is attempting to defraud the customer (eg where a director of a company issued the payment instruction in relation to the company's account as part of a fraud on the company).
The Supreme court held that:
This decision will be a relief for banks with the potential floodgate on these type of claims by APP fraud victims remaining closed. While the decision will be disappointing to victims, they may be able to seek redress under the reimbursement schemes providing they fall within the applicable criteria (for example, they apply only to the Faster Payments Scheme and to transfers made within the UK and so wouldn’t apply in the Philipps' case).
The Supreme Court gave Philipp permission to proceed with an alternative claim that the bank delayed and did not act properly in trying to recall the payments once made – as the question of whether the bank owes such a duty and whether there was any realistic chance it would have recovered the payments cannot be considered without full investigation of the facts which requires a trial. There therefore remains a possibility of recovering losses from APP fraud from a bank other than by reference to Quincecare, and the trial will continue to be watched closely.
30 January 2025
22 January 2025
par plusieurs auteurs
6 December 2024
14 November 2024
par Tim Strong, Kate Hamblin
14 November 2024
par Emma Allen
8 November 2024
par Edward Spencer
30 October 2024
par plusieurs auteurs
15 October 2024
par Emma Allen, Andrew Spencer
5 July 2024
par Stuart Broom, Tom Charnley
21 March 2024
par Emma Allen, Amy Cheng
1 February 2024
par Katie Chandler, Emma Allen
12 February 2024
par Tim Strong, Nicole Baldev
14 December 2023
13 December 2023
23 October 2023
par plusieurs auteurs
17 October 2023
14 August 2023
par plusieurs auteurs
4 August 2023
par plusieurs auteurs
21 July 2023
10 July 2023
1 June 2023
par plusieurs auteurs
3 May 2023
par James Bryden
20 April 2023
par James Bryden
8 March 2023
2 March 2023
par Katie Chandler, Emma Allen
14 February 2023
13 February 2023
8 February 2023
par Jessie Prynne
19 January 2023
par Georgina Jones
3 October 2022
par Gemma Broughall
22 September 2022
par Ben Jones, Emma Allen
9 August 2022
par Nick Maday
25 July 2022
par Edward Spencer
6 July 2022
par Emma Allen
Welcome news for those pursuing fraud claims in the English Courts
28 July 2022
21 July 2022
par Edward Spencer
27 July 2022
par Stuart Broom
29 July 2022
par Jess Thomas, Lucy Waddicor
17 June 2022
par Stephanie High
13 June 2022
par Edward Spencer
26 May 2022
31 May 2022
par plusieurs auteurs
4 April 2022
5 April 2022
par Stephanie High
31 March 2022
par plusieurs auteurs
21 September 2021
par plusieurs auteurs
13 September 2021
par Edward Spencer
6 September 2021
par Stephanie High
2 August 2021
21 July 2021
15 July 2021
par Jess Thomas
26 May 2021
par David de Ferrars
5 May 2021
par Stephen O'Grady
21 April 2021
par Stephanie High
31 March 2021
26 February 2021
par Tim Strong
24 February 2021
20 January 2021
par Stephanie High
12 January 2021
par Tim Strong
23 November 2020
16 October 2020
23 September 2020
7 October 2020
par Nick Storrs
26 May 2020
par Edward Spencer
18 May 2020
par Katie Chandler
9 April 2020
par plusieurs auteurs
15 April 2020
27 April 2020
par plusieurs auteurs
21 April 2020
par Stephanie High
11 March 2020
par James Bryden
17 March 2020
par Stuart Broom
26 February 2020
par Tim Strong, Andrew Howell
21 February 2020
par Andrew Howell
2 June 2020
par Georgina Jones
16 June 2020
par Georgina Jones
2 July 2020
par Tim Strong, Georgina Jones
9 July 2020
3 December 2021
24 November 2021
par Stuart Broom
8 October 2021
par Katie Chandler
10 January 2022
par Tim Strong, Jess Thomas
20 January 2022
8 March 2022
par Jess Thomas, Lucy Waddicor
22 March 2022
7 April 2022
par Emma Allen, Georgina Jones
par plusieurs auteurs
par plusieurs auteurs
par Emma Allen