“…e to the Financial Services Authority’s Client Assets Sourcebook (CASS), which was considered by this Court in Re Lehman Brothers International (Europe) (No 2) [2010] EWCA Civ 917; [2011] 2 BCLC 184. In his concurring judgment Lord Neuberger MR said, at para. 181:…”
“…To these provisions can be added the guidance given by Lord Neuberger MR and Arden LJ in Re Lehman Brothers International (Europe) (No 2) [2010] EWCA Civ 917 at [181] and [57]-[58] respectively on the analogous interpretation of CASS7, which is quoted by Singh LJ at paragraphs 44 and 45 above and usefully summarised…”