SPL Private Finance (PF1) IC Ltd and others v Arch Financial Products LLP and others; SPL Private Finance (PF2) IC Ltd and others v Robin Farrell An investment manager, Arch Financial Products LLP (Arch FP), was found to have breached its fiduciary duties in advising upon an investment which was not in the best interests […]

In a judgment dealing with the collapse of the Arch Cru Funds (the Funds), the High Court has re-examined and clarified the law applying to investment managers. SPL Private Finance (PF1) IC Ltd and others v Arch Financial Products LLP  In awarding over £22 million in damages against the investment manager and its Chief Executive […]

Mr Justice Walker provided  a decision in Arch provides that provides a rare restatement of the liability of investment managers in English law (SPL Private Finance (PFI) IC Ltd v Arch FP LLP [2014] EWHC 4268 (Comm)) We have set out below the top 10 points arising from Arch which are, in our view, the […]