UBS AG (LONDON BRANCH) AND ANOTHER v KOMMUNALE WASSERWERKE LEIPZIG GMBH; UBS LTD AND ANOTHER (THIRD PARTIES) UBS LTD v DEPFA BANK PLC; KOMMUNALE WASSERWERKE LEIPZIG GMBH (THIRD PARTY); UBS AG (LONDON BRANCH) v LANDESBANK BADEN-WÜRTTEMBERGUBS LTD (THIRD PARTY)
[2017] 2 Lloyd's Rep. 621
COURT OF APPEAL
Before Lady Justice Gloster,Lord Briggs,Lord Justice Hamblen
Banking – Single Tranche Collateralised Debt Obligations – Breach of fiduciary duty – Bribery – Whether agency relationship should be implied.