G4S obtains striking out of 90% of shareholder action on procedural grounds

The judge’s interpretation of each of CPR 17.1(1), CPR 17.2, CPR 17.4(3), CPR 19.4(4) and CPR 19.5(3) all raised novel issues not previously decided by the courts.

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Increasingly, there is a focus on culture and individual accountability in regulated firms. This has been heightened by various consumer protection issues which have been investigated including the tracker mortgage examination; high profile enforcement actions and the recent engagement with insurers on business interruption cover during COVID-19. Consistently, the Central Bank of Ireland (“Central Bank”) […]

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