Clifford Chance
Motor Finance Commissions – Implications of the Supreme Court's decision for securitisations
7 August 2025
On 1 August 2025, the UK's Supreme Court handed down judgment in the linked appeals of Johnson and Wrench v FirstRand Bank and Hopcraft v Close Brothers [2024] EWCA Civ 1282, following the far-reaching Court of Appeal decision in 2024.
In this briefing, we consider the judgment's implications for motor finance securitisations, other commonly securitised asset classes, and present and future securitisation transactions in general.
Download PDF
