Bibby Factors LTD v Bank of Scotland Plc (Sheriff Court Civil)
Bibby Factors LTD v Bank of Scotland Plc (Sheriff Court Civil) [2026] SCEDIN 9 (12 January 2026)
The sheriff held that a bank may owe duties where it has notice funds in a customer account are subject to a trust, and allowed proof on the pursuer’s case.
- Fiduciary duties of banks
- Notice of trust
- Factoring agreements
- Knowing receipt
- Dishonest assistance
- Mandate and payment instructions