...Adam Rooney, a partner at City financial disputes firm Signature Litigation, said the CAT’s decision was “unsurprising when considering that [the claim] raised key differences on pass-through, possibly one of the trickiest defences for claimants to grapple with and one not yet substantially tested in the English courts.
“The judgment is also interesting as it highlights the focus the court will put on the terms and basis on which any representative will be allowed to act in a collective proceeding.
“It is a salutary reminder that those acting for claimants in these cases need to structure groups very carefully; if the court is unhappy, for example, with funding arrangements, it can and will ask for these to be changed.”"