Main subject-matter: PROCEDURE
Summary: Investment losses suffered due to fall in stock market values in October 1997 – in previous action, brokers held not liable to investors for negligence – Court of Appeal in previous action had refused leave to appeal out of time on points not argued in court below – abuse of process for investors to start new action relying on those same new points – Henderson v Henderson and Johnson v Gore Wood applied.
This is a judgment which was not handed down in written form, and it is not available electronically. A hard copy of the transcript of the judgment can be obtained from the shorthand-writers.
Enquiries relating to transcripts should be directed to the Mechanical Recording Department of the High Court (RCJ Room WB14; tel: 020 7947 6154; fax: 020 7947 6662; e-mail: sam.taylor@courtservice.gsi.gov.uk).
Shorthand-writers: Beverley Nunnery (Tel: 020 7831 5627; Fax: 020 7831 7737; email: info@beverleynunnery.com)