FMC Trading (sole proprietorship) (Appellant/Defendant) v MA Fastmove Limited (Respondent/Claimant)
Wednesday 10 June 2026
By Appellant’s Notice filed on 15 September 2025 the Appellant appeals a decision of the High Court delivered on 14 November 2024.
Fastmove, a UK financial services firm, entered into a 2022 agreement with Billpay and FMC Trading to transport, convert, and remit large sums of cash. After sending £35 million, a shortfall of $1.9 million arose. Fastmove sought summary judgment for breach of contract and trust.
Regarding Billpay, summary judgment granted for breach of contract and trust; no credible defence. FCM Trading was held jointly liable under the contract despite a limited role; summary judgment granted for breach of contract only.
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