Author: LEXLAW Solicitors & Barristers

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Legal Comment on Green & Rowley v RBS [2012] EWHC 3661 (Swaps Mis-selling Judgment)

This judgment shows the complexity and fact-sensitive nature of swap mis-selling claims. The claimants were found to be experienced businessmen dealing with a straightforward swap, unlike many cases where claimants are less sophisticated and products are more complex. Key points include the importance of early document disclosure and careful handling of limitation periods. Specialist legal advice is essential to assess and manage swap mis-selling claims effectively. Contact Lexlaw for expert guidance and representation.

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Green & Rowley v Royal Bank of Scotland plc [2012] EWHC 3661 (QB)

Green & Rowley v Royal Bank of Scotland plc EWHC 3661 (QB) is a High Court case involving claims by John Green and Paul Rowley against RBS. The case deals with disputes related to financial transactions and banking practices. For detailed legal insights and advice regarding this case or similar banking disputes, contact Lexlaw Solicitors for expert guidance and representation.

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Media Appearance: M Ali Akram on Comet Plc Administration (Sky News)

LEXLAW’s M Ali Akram was featured on Sky News discussing the Comet Group Limited administration. He highlighted concerns over potential unfair outcomes in the liquidation process. As experts in insolvency law, Lexlaw offers professional guidance and representation for businesses and individuals affected by company administrations and liquidations. Contact Lexlaw for specialist insolvency advice.

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Comet Administration highlights ‘Inequity of Legal Arms’

Sky News interviewed our Insolvency Team’s senior partner on the Comet Group collapse into administration. The administrators’ proposals revealed that while secured creditors were set to recover only about a third of their debts, unsecured creditors—including HMRC, employees, and customers—would receive less than 1p in the pound.

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Property Fraud: Breach of trust claims against solicitors

Claims against solicitors for breach of trust are increasing following losses from property fraud in loan transactions. Recent Court of Appeal rulings confirm solicitors can be liable for parting with loan money before completion, even if acting reasonably and following protocols. However, relief from liability is possible if conduct is reasonable and not causatively linked to loss.

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BBA Announcement on Major Banks’ Swaps Payment Suspension Policy

Major banks may suspend swap payments for financially distressed businesses while an independent review is conducted. Suspension is considered case-by-case and does not imply wrongdoing by the bank. Banks reserve their rights regarding suspended payments. Contact Lexlaw for expert help if you need support against UK Banks.

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Probate disputes where there is a contest over wills

Disputes often arise when a person leaves more than one will, due to changes in financial circumstances or beneficiaries. Courts decide which will is valid by examining the testator’s intentions and the governing law. Clear, certain, and carefully considered wills help avoid such conflicts. Lexlaw provides expert advice to resolve probate disputes and protect your interests. Contact Lexlaw for professional assistance with contested wills.

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Graiseley Properties Ltd (Guardian Care Homes) v Barclays Bank PLC – LIBOR Manipulation Test Case

This landmark case involves claims by Graiseley Properties and Guardian Care Homes against Barclays Bank, alleging mis-selling of interest rate derivatives linked to LIBOR manipulation. It was the first English court case to address alleged fraudulent misrepresentation by Barclays related to LIBOR fixing. The case established precedents on implied misrepresentation and involved extensive evidence, including senior Barclays management. Legal experts are available to advise clients affected by such financial product mis-selling.

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Inheritance Tax: past, present and future

This article provides an overview of Inheritance Tax (IHT) in the UK, explaining its objectives, historical development, and current operation under the Inheritance Tax Act 1984. It critically examines the fairness and efficiency of the tax and explores proposals for reform. The content is designed to help clients understand how IHT affects estate planning and wealth transfer. For professional advice tailored to your circumstances, contact Lexlaw Solicitors.

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Consequences of the abuse of process of early advertisement of Winding-up Petitions

The early advertisement of winding-up petitions can be a serious abuse of process, potentially causing unjust harm to businesses before legal matters are resolved. We provide expert guidance and representation to protect clients from these premature actions. We focus on securing fair treatment and safeguarding your business’s reputation. Contact us today for professional support.