Century National Merchant Bank Limited and others v Omar Davies and others: PC 16 Mar 1998

(Jamaica) The lawfulness of action taken by the Minister of Finance under statutory powers to assume temporary management of three financial institutions was challenged, and the remedies available to aggrieved parties in the event of unlawfulness.

Citations:

[1998] UKPC 12, [1998] AC 628.

Links:

Bailii

Jurisdiction:

England and Wales

Cited by:

See AlsoCrawford v Financial Institutions Services Ltd PC 2-Nov-2005
(Jamaica) The government had intervened in banking institutions under the control of the appellant. Subsequently orders had been made against him for compensation in respect of loans made negligently or otherwise than in accordance with good banking . .
Lists of cited by and citing cases may be incomplete.

Financial Services

Updated: 09 December 2022; Ref: scu.159293