Northern Rock Applicants v Andrew Caldwell and HM Treasury: [2011] UKUT 408 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Warren, Judge Bartlett and Member O’Neill on 6 October 2011.

Read the full decision in Northern Rock Applicants v Andrew Caldwell and HM Treasury: [2011] UKUT 408 (TCC) .

NATIONALISATION OF SHARES IN NORTHERN ROCK PLC – Compensation Scheme – meaning and effect of statutory valuation assumptions – assumption that financial assistance withdrawn - interpretation in compliance with human rights – whether decision as to amount of compensation was a reasonable decision - jurisdiction of Upper Tribunal.

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