Supreme Court commissions case hearing summary (1 Apr)

The long-awaited Supreme Court hearing on motor finance commissions in the joint cases of Johnson, Wrench and Hopcraft began today. To read the factual summary by Brown Rudnick LLP, please click here.

Also today, the Financial Conduct Authority has published its written submission to the Supreme Court. This can be found in full here.

Appellants Close Brothers Limited and FirstRand Bank Limited have not published their written submissions. However, FLA members may request the submissions from Close Brothers and First Rand directly.

• Requests for Close Brothers’ submissions should be made to Sam Cartwright at Maitland: sam.cartwright@h-advisors.global.
• Requests for First Rand’s submissions should be made to Georgie Turner at Eversheds Sutherland: georgieturner2@eversheds-sutherland.com.

We are aware that there have been some issues with the link to the live supreme court coverage on the Supreme Court’s YouTube Channel. However a direct link to the live coverage can be found on the Supreme Courts website. While the hearing is in progress the live link appears on the home page. (Click here)

As we have said previously, no date has been set for when the Supreme Court’s judgment will be handed down, but an outcome in May or June remains a possibility. Whatever day it is, we will aim to get the judgment to you in the morning and follow this with a briefing at 3pm, for which we will send you a link on the day.

In the interim we will continue our representative work and preparations to support you on the road ahead.

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