You are here

Is the financial list a welcome initiative?

Unless the value of the claim is over £50m, cases must rely on the opinion of a judge without financial markets expertise, Kevin Bonavia and Kate Parker discuss

19 August 2015

Lord Chief Justice, Lord Thomas of Cwmgiedd, has confirmed the introduction of a financial
list and a market test case procedure, following a six-month consultation period by a designated working group.

The financial list will consist of docketed judges with specialist technical knowledge of the financial markets established in order to meet the litigation needs of the international financial community.
A designated judge will manage
a case from inception through trial to enforcement, while the administration will be shared by the listing offices of the Chancery Division and Commercial Court (with proceedings commenced in either division). According to
the 'Financial List Initiative Consultation Document', eligible claims for the list would include:

 

  • Loans;

  • Want to read on?

    This article is part of our subscription-based access. Please pick one of the options below to continue.

    Already registered? Login to access premium content

    SUBSCRIBE for one User

    Unlimited access to the entire SJ website for a full year for one user.

    • 10 issues a year delivered to you
    • Digital edition of the magazine for one user – sent to your inbox or accessible through the website
    • Access to premium content on the website
    • Access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
    • Weekly email newsletter with all the latest news, analysis and features
    • Comment on SJ content and contribute to the SJ community online
    • Advanced search feature
    • Online support
    • Access to SJ app compatible with Android and Apple devices – coming soon!
    • 6 special focuses per year
    • Special offers and discounts on Solicitors Journal and IICJ events

    Subscribe

    CORPORATE SUBSCRIPTION

    Your department or entire firm can subscribe to Solicitors Journal online, providing easy access for all who require it. Discount corporate subscription rates apply, based on number of users.

    The Corporate IP Licence includes:

    • Digital copy of the magazine sent to individuals’ inboxes and accessible through the website. Solicitors Journal publishes 10 issues per year
    • Unlimited access to premium content on the website based on IP addresses
    • Unlimited access to the fully searchable online archive of Solicitors Journal, Managing Partner and Private Client Adviser, which spans over 13 years
    • Weekly email newsletter with all the latest news, analysis and features
    • Comment on SJ content and contribute to the SJ community online (username required)
    • Unlimited access to SJ app compatible with Android and Apple devices
    • 6 special focuses per year
    • Special offers and discounts on Solicitors Journal and IICJ events

    The Corporate IP Licence is tailored to your firm, making it the most cost effective way for the firm to access Solicitors Journal, and enables the firm to remain compliant with copyright and our Terms and Conditions. This gives you the ability to print and circulate articles within the firm.

    To enquire about a Corporate IP Licence for your firm, please contact our Subscriptions Manager on emily.beechey@solicitorsjournal.com.