O'Sullivan, R (on the application of) v Financial Services Authority

O'Sullivan, R (on the application of) v Financial Services Authority

The appellant's claim is not amenable to judicial review as it is essentially a private law claim for negligence, for which damages are only available if bad faith is shown, and no such bad faith is alleged or evidenced. There is no identifiable public law act or omission suitable for judicial review.

Parties
Appellant: O'Sullivan; Respondent: Financial Services Authority
Jurisdiction
England and Wales
Judgment Date
11 June 2015
Procedural Posture
Judicial Review / Renewed Application for Permission to Appeal
Outcome
Permission to appeal refused
Legal Topics
Judicial Review, Regulatory Negligence, Damages for Supervisory Failures, Limitation of Actions

Case Brief

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Parties

O'Sullivan

Appellant

Financial Services Authority

Respondent

Procedural Posture

Judicial Review / Renewed Application for Permission to Appeal

  1. 1 Whether the FSA's alleged failure to investigate and supervise Crown Currency Exchange is amenable to judicial review
  2. 2 Whether the appellant has a viable claim for damages against the FSA absent bad faith
  3. 3 Whether the claim is out of time

Ratio Decidendi

The appellant's claim is not amenable to judicial review as it is essentially a private law claim for negligence, for which damages are only available if bad faith is shown, and no such bad faith is alleged or evidenced. There is no identifiable public law act or omission suitable for judicial review.

Court Disposition

Permission to appeal refused

Orders

  • Application refused