Discontinuance of consumer credit claims

Teasdale v HSBC Bank Plc and associated actions [2010] EWHC 612 (QB)

The applicants had brought claims against the defendant banks alleging a breach of section 78 of the Consumer Credit Act 1974 in relation to the provision of documents and information in connection with running account credit agreements. Following the decision in Carey v HSBC Bank Plc [2009] EWHC 3417 (QB) the claimants sought to discontinue their claims on the basis that the banks should pay all or part of their costs, contending that the court should take an overview of the cases and reach a conclusion based on who had succeeded in the action and what order for costs was required in the interest of justice.