The Investors’ Compensation Scheme must exercise discretion in quantifying a claim. An investor’s right to make a claim under the scheme survives his death and passes to his personal representative.
Citations:
Independent 17-Feb-1993, Gazette 07-Apr-1993
Statutes:
Jurisdiction:
England and Wales
Cited by:
Appeal from – Regina v Investors Compensation Scheme Ltd, ex Parte Bowden and Another CA 30-Jun-1994
The Scheme must award compensation in accordance with accepted methods of calculating damages. It had no authority to limit payment of legal fees of applicants to andpound;500.00. . .
Lists of cited by and citing cases may be incomplete.
Wills and Probate, Financial Services
Updated: 23 July 2022; Ref: scu.86956
