On 5 July 1991 western central banks announced their decision to abruptly shut down the Bank of Credit and Commerce International (BCCI), a multi-national bank with an international structure. The Abu Dhabi, UAE, majority shareholders considered the action was unjustified.
- Money Judgements - In the High Court of Justice, Chancery Division, London, United Kingdom: BCCI -v- former Employees (see Claims against Liquidators BCCI, Court Proceedings, Settlements).
- The liquidators of the Bank of Credit and Commerce International unconditionally discontinued their action against the Bank of England and 22 of its present and former staff on 2 November 2005: Bank of England News Release 12 April 2006
- Order for Costs against the liquidators of the Bank of Credit and Commerce International for discontinuation of claim of the Three Rivers District Council and others against the Bank of England: 12 April 2006
- Court of Appeal: Three Rivers District Council v The Bank of England: This appeal is a consequence of the previous judgment of this Court on an earlier disclosure application where the Court decided that documents prepared by employees or exemployees of the Bank of England with the intention that they be sent to the Bankʹs solicitors whether or not they were prepared for the dominant purpose of obtaining legal advice were not privileged and should be disclosed. Judgement 1 March 2004.
- THREE RIVERS DISTRICT COUNCIL V THE BANK OF ENGLAND: THE COLLAPSE OF BCCI AND MISFEASANCE IN PUBLIC OFFICE: Research Paper by Noel Cox - 11 August 2001.
- House of Lords: Three Rivers District Council and Others v Governor and the Company of the Bank of England (No. 3): Cause of action: Misfeasance in public office - Bank of England's regulatory functions - Licensed deposit-taker collapsing as result of fraud - Whether recklessness sufficient to establish liability - Whether necessary to establish foresight of actual consequences of particular failure in supervision Banking - Deposit-taking business - Whether depositors or potential depositors acquiring rights against regulatory body under Community law - First Council Banking Co-ordination Directive: Appeal allowed Cross-appeal dismissed. Judgement 22 March 2001
