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Chinese walls: more decisions

Since the House of Lords decision in Prince Jefri v. KPMG there have been three further decisions in which the courts have considered the efficacy of Chinese walls. 

In one, Young & Others v. Robson Rhodes (30.3.99), the judge was prepared to allow an ad hoc Chinese wall, subject to various conditions. In the second, Re a firm of solicitors (16.7.99), the judge  held that solicitors had not taken sufficient steps to protect confidential information. The third, Re a firm of solicitors (19.10.99), reflects an attempt by the court to uphold the effectiveness of a Chinese wall while at the same time being seen to comply with the strict test laid down by the House of Lords in Prince Jefri. 

The fact that in the last of these the court was prepared to take into account the character of the confidential information (i.e. whether it can be identified with sufficient particularity) at least raises a hurdle in the way of those seeking to challenge a Chinese wall.

"JTW News"

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Relevant material




When innocent mistakes may prove costly
 
Chinese walls: more decisions
 
PROFESSIONAL NEGLIGENCE CLAIMS - WITHOUT LIMITATION?
 
PROFESSIONAL NEGLIGENCE - CONSULTANTS - COMPUTER CONTRACTS - CONSULTANCY SERVICES
 
PROFESSIONAL NEGLIGENCE - ACCOUNTANTS - LIABILITY TO THIRD PARTY FOR NEGLIGENT SHARE VALUATION
 


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