Lawyers are in high demand after the motor finance ruling.

Lawyers’ phones are ringing off the hook following the landmark motor finance ruling, leading to questions in the financial sector around its exposure to fiduciary duty issues.

Earlier this month, the Supreme Court gave lenders some relie f by accepting two of the three pending appeals.

The Lord Justices were asked to decide whether to overturn a controversial Court of Appeal ruling from October, which found it unlawful for banks to pay commissions to car dealers without the customer’s informed consent.

As a result, the top court held that car dealers arranging motor finance do not owe a fiduciary duty to customers.

Questions arise

However, despite the court addressing fiduciary duty in motor finance arrangements, questio

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