Bank of Credit and Commerce International SA (in compulsory liquidation) v Ali and others [2001] IRLR 292 HL

Reports relating to this case:

  • Settlements: General release did not bar claim for stigma damages

    Date:
    15 April 2001

    Properly construed, an agreement made in 1990, whereby an employee who had been made redundant accepted an additional payment from the employer "in full and final settlement of all or any claims ... of whatsoever nature that exist or may exist", did not bar the employee's claim for stigma damages, holds the House of Lords, by a majority, in Bank of Credit and Commerce International SA v Ali and others.