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Hughes v Asset Managers Plc: CA 13 May 1994

The appellants had entered into discretionary investment management agreements wth the respondent. The investments made a substantial losss which the appellants sought to recover, saying that the agreements were void under the 1958 Act. Held: The absence of a licence did not avoid an agreement needing a licence.The claimants had put money with the defendants … Continue reading Hughes v Asset Managers Plc: CA 13 May 1994