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Does a bank owe a “retrieval duty” to the victims of fraud?

29 June 2024 / Author(s): Rosalind Phelps KC
Issue: July 2024 / Categories: Feature

This article considers whether there should be a “retrieval duty” on banks to recover monies transferred as a result of an alleged fraud, following the failed strike-out application in CCP Graduate School Limited v National Westminster Bank PLC [2024] EWHC 581 (KB).

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