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Periodical Payment Orders: A lack of security
Nick Leech and Andrew Sands consider ‘the Brexit Effect’ on compensation schemes ‘MIB cases per se and pre 2004 Lloyds Syndicate cases can be considered reasonably secure on account of the Thacker decision. However, that is now open to question in the light of Brexit.’ Brexit is taking the blame for much that is negative …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Bennett v Stephens [2010] EWHC 2194(QB)
- Thacker v Steeples and MIB [2005] 3 Kemp News 5; Cox J