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.
Citations:
Times 30-Jun-1994, Ind Summary 29-Aug-1994
Statutes:
Jurisdiction:
England and Wales
Citing:
Appeal from – Regina v Investor’s Compensation Scheme, ex Parte Bowden QBD 17-Feb-1993
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. . .
Cited by:
Appeal from – Regina v Investors Compensation Scheme Ltd, ex Parte Bowden and Another HL 18-Jul-1995
A regulated firm, Fisher Prew-Smith, ran a scheme whereby elderly homeowners were persuaded to invest money in equity-linked funds by mortgaging their homes on terms that the interest would roll up unless and until the total mortgage debt reached a . .
Lists of cited by and citing cases may be incomplete.
Damages, Financial Services
Updated: 17 June 2022; Ref: scu.86961
