Reflective loss rules only apply to shareholders, UK Supreme Court rules in Marex case

Dominic Lawson

16 July 2020

UK Supreme Court, London (Credit: shutterstock.com/Balakate)

The UK Supreme Court has found the reflective loss doctrine only applies to some shareholders, overturning a lower court’s decision to bar an asset-stripping claim brought by UK foreign exchange broker Marex.

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Dominic Lawson

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Reflective loss rules only apply to shareholders, UK Supreme Court rules in Marex case

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Dominic Lawson