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The expansion of investor and saver protection has led to a significant increase in liability claims against banking institutions.

Some of these actions can result in mass litigation with major financial implications for the banks (such as the liability actions relating to the false investment scam or the litigation concerning the global effective rate in recent years).

Our role in this type of litigation is, in addition to handling the litigation situation itself, to assist banks in defining a global and prospective litigation strategy, which may be reproduced in the context of other litigation of the same nature.

Karman Associés thus intervenes on a wide range of issues relating to banking liability, such as:

• embezzlement of means of payment
• fraudulent investments and other fraudulent schemes
• structuring of financial products
• abusive support
• and, more generally, compliance with the banker’s obligations of vigilance, information and advice, or the duty of non-interference.

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