Litigation Recent Decisions 01/07/97

Investors Compensation Scheme claim form appeal

(1) Investors Compensation Scheme v West Bromwich Building Society (2) Investors Compensation Scheme v Hopkins & Son (3) Alford & ors v West Bromwich Building Society (4) Armitage v West Bromwich Building Society (1997)

Court: HL (Lords Goff, Lloyd, Hoffmann, Hope and Clyde) 19/6/9Summary: The true meaning of the Investors Compensation Scheme claim form concerning the assignment of claims by the investors to the scheme after payment of their compensation. Judgment on the preliminary issues in claims arising from the failure of Home Income Plan schemes on the construction of the plaintiffs' claim forms.