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Eclipse film scheme settled

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Claimants pursuing HSBC for financial loss as a result of entering into the Eclipse film investment scheme have settled, according to the law firm representing one of the claimant groups. Stewarts issued the following statement: ‘On 17 March, HSBC and 177 claimants represented by Stewarts Law LLP settled litigation arising from the claimants’ participation in a film finance scheme known as ‘Eclipse’, which was promoted to them by Future Capital Partners Ltd (now in liquidation) between 2006 and 2008. The parties have settled the litigation without any admission of wrongdoing or liability by HSBC.’

Issue: 1657
Categories: News