Ex turpi causa: Credit hire, loss of use and illegality

Antonia Ford considers when an illegal act will provide a defence of illegality ‘Where a claimant is engaged in an illegal act, the claim may be extinguished on the grounds of public policy under the doctrine of ex turpi causa non oritur actio.’ When a person is involved in a non-fault road traffic accident, they …
This post is only available to members.

Patel v Mirza [2014] EWCA Civ 1047

Wills & Trusts Law Reports | November 2014 #144

The appellant was a property dealer and the respondent was a foreign exchange broker, who had a personal spread-betting account with IG Index. In August 2009, a third party informed the appellant of a deal offered by the respondent that involved a bet on the movement in the value of shares in Royal Bank of Scotland (RBS). The defendant claimed to know people who sat in on meetings between the heads of RBS and officials from the government, and it was expected the Chancellor would make a public statement which would have an effect on the share price of RBS. Following an initial telephone ...