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Christopher Snell

LLB (Hons), BVC (Outstanding)
Jules Thorn Scholarship (Middle Temple)
Certificate of Honour (Middle Temple)
Barrister (Called to Middle Temple) (2010)

Litigation Solicitors London

GRG WestRegister took 80% Equity in Bowlplex – Cost Owners £50m; while RBS Profited £9m

RBS’s Global Restructuring Group (GRG) has faced allegations of destroying small businesses. LexLaw has sued RBS on behalf of many businesses including Bowlplex, a family-owned bowling business, claiming excessive fees, increased interest rates, and forced equity transfer. Despite a viable business, Bowlplex was transferred to GRG and ultimately sold on by RBS for a £9m profit and a £50m loss for the owners.

Primary Keywords: RBS Royal Bank of Scotland Interest rate hedging products (IRHPs) Financial derivatives Mis-selling Litigation Settlement Businesswoman Social care services London Secondary Keywords: Complex financial products Regulatory oversight Consumer protection Financial harm LEXLAW Solicitors & Barristers High Court IRHP review scheme Financial Conduct Authority (FCA) Break costs Derivative payments Long-Tail Keywords: RBS mis-sold derivatives to businesswoman Lloyds Bank financial derivatives lawsuit Social care provider sued RBS for mis-selling IRHP mis-selling scandal Lloyds Bank settlement over complex financial products Financial harm due to mis-sold derivatives Regulatory oversight of financial institutions Consumer protection in the UK LEXLAW Solicitors & Barristers legal case London-based businesswoman wins lawsuit against RBS

LEXLAW Case Study: RBS pay £1m to settle derivatives mis-selling claim with social care provider

RBS has agreed to a £1 million settlement with a businesswoman who accused the bank of mis-selling complex derivatives. The case highlights banks selling unsuitable financial products to businesses. RBS initially denied wrongdoing but eventually agreed to the settlement, which includes repayment of derivative payments, break costs, and suspended payments. The businesswoman’s business was negatively impacted by the mis-sold derivatives, and the case exposes flaws in the Financial Conduct Authority’s IRHP review scheme.

rbs grg claim solicitors financial mis selling irhps

RBS faces call for FCA-agreed GRG Review compensation scheme

The FCA is set to recommend a compensation scheme for businesses harmed by RBS’s Global Restructuring Group (GRG), according to an upcoming report. While the GRG Review may be quicker than litigation, it is criticised for being unfair and limiting compensation. Victims are advised to consider parallel litigation, which is designed to ensure a fair outcome. GRG, a troubled business support unit within RBS, controlled assets of 16,000 SMEs before being disbanded in 2014 following misfeasance allegations.

lloyds bank london lexlaw litigation bank finance solicitor claims against banks lawyers london

The Sunday Times: ‘We will battle on, warn victims of bank mis-selling’

The Sunday Times reports the largest ever publicly disclosed settlement in interest rate swaps mis-selling, where Lloyds Bank paid £4.6m to a care home business after refusing compensation via the FCA IRHP Review. Thousands of businesses were excluded from compensation due to a controversial ‘sophistication test,’ leaving many short-changed. The case highlights banks’ efforts to avoid accountability and the ongoing struggle for fair redress, with expert legal advice offering hope for mis-sold swap victims.

Financial Conduct Authority FCA UK Logo - LEXLAW Litigation Law Firm in London

‘FCA Swaps Review’ Update: Comment on Bank IRHP Review Delays with Statistics from the FCA

The FCA Swaps Review has faced significant delays since beginning in April 2013, frustrating many affected businesses. Latest FCA data reveals that only 50% of sophistication assessments are complete, 3.9% of cases have reached interviews, and 2.6% have had payments suspended. Delays risk customers losing legal rights due to the six-year limitation period. Concerns exist over banks bypassing the sophistication stage while fairness issues arise over banks self-assessing their mis-selling.

Preparation for Mediation in UK

Preparation for Mediation in UK

Entering mediation without proper preparation can undermine even the strongest legal position. This article explains why effective preparation is essential to successful mediation, how realistic expectations and a clear strategy can influence settlement discussions, and the practical steps parties should consider before the process begins. Whether you are an individual or a business facing a dispute, understanding how to prepare for mediation can significantly improve your prospects of achieving a timely, cost-effective and commercially sensible resolution.

Drelle v Servis-Terminal: Foreign Judgments & Bankruptcy

Drelle v Servis-Terminal: Foreign Judgments & Bankruptcy

The Supreme Court has settled a question that has troubled cross-border insolvency practitioners for years: whether a creditor can petition for bankruptcy using a foreign judgment that has never been through English recognition proceedings. Drelle v Servis-Terminal LLC [2026] UKSC 29 confirms they can, reshaping the options available to creditors holding judgments from Russia, the US, China and other non-treaty jurisdictions, while leaving debtors’ substantive defences firmly intact. Here’s what changed, and what it means for you.

Bankruotcy Petiion Set Aside Solicitor Barrister London UK

£115m UK Palace Insufficient for Service of NBD Bankruptcy Petition on Qatari

The High Court set aside a £16.3 million bankruptcy petition and alternative service order against a Qatari billionaire who owned a £115m property portfolio on Queen Anne’s Gate in Westminster. Property ownership cannot act as a procedural shortcut for valid territorial service when the debtor was residing in Doha. Substantive jurisdiction cannot substitute for a valid service strategy.