| Summary: | Purpose - The purpose of this paper is to report and comment on the High Court ruling on Icelandic bank's challenge to HM Treasury's use of emergency powers during 2008. Design/methodology/approach - The paper outlines the facts surrounding the case and comments on the decision. Findings - The High Court disagreed that the claimant's view of events accorded with the way the treasury in fact acted. Originality/value - This appeal shows how two very differently motivated, yet equally well-intentioned, regulatory regimes can come into conflict. Legal decisions, Banks, United Kingdom, Iceland
|
|---|