Reflections on Wirral and a Top 6 of securities litigation cases
On 23 January 2025 the Court of Appeal gave judgment in Wirral Council v Indivior Plc [2025] EWCA Civ 40, dismissing Wirral’s Appeal against the striking-out of “representative” proceedings for compensation under FSMA s.90A/Sch.10A. Wirral’s aim had been, by use of CPR 19.8, to evade what has become standard case management in such claims, by...