Judgment in respect of "Hopcraft"
Supreme Court gave judgment in Hopcraft motor finance commissions case on appeal.
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On 11 December 2024, Close Brothers Limited ("CBL") obtained permission from the Supreme Court of England and Wales (the "Supreme Court") to appeal the Court of Appeal's judgment against CBL in respect of the "Hopcraft" motor finance commissions case (the "Appeal"). The Appeal was heard by the Supreme Court between 1 April 2025 and 3 April 2025.
Today, the Supreme Court gave its judgment in respect of the Appeal.[1]
Close Brothers Group plc ("Close Brothers") is considering the Supreme Court's judgment and will make any further announcements as and when appropriate.
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