Dispute Resolution Case Law Update: Manchester Building Society v Grant Thornton UK LLP [2019] EWCA 40 (Civ)

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  • Dispute Resolution Case Law Update: Manchester Building Society v Grant Thornton UK LLP [2019] EWCA 40 (Civ)
    Dispute Resolution Case Law Update: Manchester Building Society v Grant Thornton UK LLP [2019] EWCA 40 (Civ)

    Background to the Claim The Claimant, Manchester Building Society (“ MBS ”), between 2004 and 2009 issued fixed rate lifetime mortgages. MBS then sought to hedge its interest rate risk on those mortgages by purchasing interest rate swaps. Between 2006 and 2012, MBS entered into swaps to hedge its […]

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