26 February 2021 [2021] EWHC 307 (Comm) PCP Capital v Barclays Bank Plc

Executive Summary 

Judgment 26 February 2021 

Readings for Fri, February 26th

Amshir 19

Gospel Lk 16:1-12

He also said to His disciples: "There was a certain rich man who had a steward, and an accusation was brought to him that this man was wasting his goods. So he called him and said to him, "What is this I hear about you? Give an account of your stewardship, for you can no longer be steward.' 

"Then the steward said within himself, "What shall I do? For my master is taking the stewardship away from me. I cannot dig; I am ashamed to beg. I have resolved what to do, that when I am put out of the stewardship, they may receive me into their houses.' 

"So he called every one of his master's debtors to him, and said to the first, "How much do you owe my master?' And he said, "A hundred measures of oil.' So he said to him, "Take your bill, and sit down quickly and write fifty.' Then he said to another, "And how much do you owe?' So he said, "A hundred measures of wheat.' And he said to him, "Take your bill, and write eighty.' So the master commended the unjust steward because he had dealt shrewdly. For the sons of this world are more shrewd in their generation than the sons of light. 

"And I say to you, make friends for yourselves by unrighteous mammon, that when you fail, they may receive you into an everlasting home. He who is faithful in what is least is faithful also in much; and he who is unjust in what is least is unjust also in much. Therefore if you have not been faithful in the unrighteous mammon, who will commit to your trust the true riches? And if you have not been faithful in what is another man's, who will give you what is your own?

Readings for Sun, February 28th

St Mark Cleopatra St Heliopolis

Gospel Lk 9:1-10

Zacchaeus the Tax Collector

19 Jesus entered Jericho and was passing through. 2 A man was there by the name of Zacchaeus; he was a chief tax collector and was wealthy.3 He wanted to see who Jesus was, but because he was short he could not see over the crowd. 

4 So he ran ahead and climbed a sycamore-figtree to see him, since Jesus was coming that way.

5 When Jesus reached the spot, he looked up and said to him, “Zacchaeus, come down immediately. I must stay at your house today.”

6 So he came down at once and welcomed him gladly.

7 All the people saw this and began to mutter, “He has gone to be the guest of a sinner.”

8 But Zacchaeus stood up and said to the Lord, “Look, Lord! Here and now I give half of my possessions to the poor, and if I have cheated anybody out of anything,   I will pay back four times the amount.”

9 Jesus said to him, “Today salvation has come to this house, because this man, too, is a son of Abraham. 10 For the Son of Man came to seek and to save the lost.”

Readings for Sun, February 7th

St Mark Cleopatra St Heliopolis

Gospel: John 6 : 5 - 14

5 Then Jesus lifted up His eyes, and seeing a great multitude coming toward Him, He said to Philip, "Where shall we buy bread, that these may eat?"

6 But this He said to test him, for He Himself knew what He would do.

7 Philip answered Him, "Two hundred denarii worth of bread is not sufficient for them, that every one of them may have a little."

8 One of His disciples, Andrew, Simon Peter's brother, said to Him,

9 "There is a lad here who has five barley loaves and two small fish, but what are they among so many?"

10 Then Jesus said, "Make the people sit down." Now there was much grass in the place. So the men sat down, in number about five thousand.

11 And Jesus took the loaves, and when He had given thanks He distributed them to the disciples, and the disciples to those sitting down; and likewise of the fish, as much as they wanted.

12 So when they were filled, He said to His disciples, "Gather up the fragments that remain, so that nothing is lost."

13 Therefore they gathered them up, and filled twelve baskets with the fragments of the five barley loaves which were left over by those who had eaten.

14 Then those men, when they had seen the sign that Jesus did, said, "This is truly the Prophet who is to come into the world."