Banking Litigation Podcast EP59: Monthly Update – March/April 2026

In this edition of our banking litigation podcast, we consider some recent cases that will be most relevant to in-house lawyers at banks and financial institutions. This episode is hosted by John Corrie, a partner in our banking litigation team, who is joined by Ceri Morgan and special guest Frances Furnivall. Speakers: John Corrie (Partner), Ceri Morgan (Knowledge Counsel), Frances Furnivall (Senior Associate). You can find out more about the cases covered in this podcast on our blog at the following links: Supreme Court confirms suspension of payment obligations under letters of credit due to UK Russian sanctions regime https://www.hsfkramer.com/notes/bankinglitigation/2026-03/supreme-court-confirms-suspension-of-payment-obligations-under-letters-of-credit-due-to-uk-russian-sanctions-regime High Court considers whether success fee payable to advisory firm in respect of "Equivalent Transaction" in de-SPAC merger https://www.hsfkramer.com/notes/bankinglitigation/2026-03/high-court-considers-whether-success-fee-payable-to-advisory-firm-in-respect-of-equivalent-transaction-in-de-spac-merger High Court considers summary judgment application on whether success fee payable by private equity fund to placement agent https://www.hsfkramer.com/notes/bankinglitigation/2026-04/commercial-court-considers-summary-judgment-application-on-whether-success-fee-payable-by-private-equity-fund-to-placement-agent High Court upholds broker’s entitlement to US$2.25m success fee under tripartite mandate despite limited involvement in funding process https://www.hsfkramer.com/notes/bankinglitigation/2026-03/high-court-upholds-brokers-entitlement-to-usd-2-25-m-success-fee-under-tripartite-mandate-despite-limited-involvement-in-funding-process Banking Litigation Podcast Episode 54: Hopcraft Special Edition https://www.hsfkramer.com/notes/bankinglitigation/2025-08/banking-litigation-podcast-episode-54-hopcraft-special-edition High Court finds legal advice privilege is not limited to lawyer/client communications but extends to "intra-client" communications https://www.hsfkramer.com/notes/litigation/2026-04/high-court-finds-legal-advice-privilege-is-not-limited-to-lawyer-client-communications-but-extends-to-intra-client-communications Upper Tribunal observes that uploading confidential documents into open-source AI tools waives client confidentiality and legal privilege https://www.hsfkramer.com/notes/litigation/2026-03/upper-tribunal-observes-that-uploading-confidential-documents-into-open-source-ai-tools-waives-client-confidentiality-and-legal-privilege New York court finds client chats with generative AI tool Claude are not privileged https://www.hsfkramer.com/notes/litigation/2026-02/new-york-court-finds-client-chats-with-generative-ai-tool-claude-are-not-privileged US courts find privilege applies to use of public AI tools by self-represented litigants https://www.hsfkramer.com/notes/litigation/2026-04/us-courts-find-privilege-applies-to-use-of-public-ai-tools-by-self-represented-litigants Supreme Court holds that no statutory limitation period applies to unfair prejudice petitions https://www.hsfkramer.com/notes/litigation/2026-03/supreme-court-holds-that-no-statutory-limitation-period-applies-to-unfair-prejudice-petitions