LEXLAW Solicitors & Barristers
Growing scrutiny of regulatory oversight has reignited claims that small businesses were exposed to hidden liabilities through complex lending structures, raising significant legal questions around misrepresentation, regulatory accountability, and SME redress.
Thousands of UK businesses were mis-sold complex interest rate hedging products (IRHPs) by major banks between 2001 and 2012. While the FCA’s formal review scheme has closed, significant routes to redress remain open in 2026, particularly for victims of hidden swaps, LIBOR manipulation, and professional negligence. This article explains who can still claim, why time is critical, and what a specialist solicitor can recover for you.
The Proceeds of Crime Act 2002 gives UK authorities wide powers to freeze and recover assets without a criminal conviction. This guide explains how POCA affects directors and businesses, common enforcement tools, legal defences, and steps to protect corporate and personal assets.
Payoneer, an Israeli electronic money institution, has de-banked and frozen customer funds without explanation, thereby preventing tens of millions of charity funds being raised via online advertising for humanitarian aid – some of which may have gone to help refugees in Gaza. Payoneer’s customer is left having to launch litigation in England to recover its money.
Former tennis champion Boris Becker was sentenced to two and a half years in prison after being found guilty of four charges under the Insolvency Act, 1986. Becker has now been discharged and is no longer Bankrupt.
In the recent case of RBS v JP SPC 4 & Another, the Privy Council upheld the striking out of a claim against the Royal Bank of Scotland for damages of over £60 million.
The Business Banking Resolution Service (BBRS) is the latest independent organisation set up to offer alternative redress for businesses that have been victim to banking misconduct.
The All-Party Parliamentary Group (“APPG”) have submitted a lengthy complaint to the SRA against Herbert Smith Freehills, legal advisers to Lloyds Banking Group during the lender’s compensation review scheme in relation to fraud at HBOS. The scheme is due to reopen following Sir Ross Cranston’s report that Lloyds’ original customer review had ‘serious shortcomings’.
The Business Banking Resolution Service (BBRS) is the latest independent organisation set up to offer alternative redress for businesses that have been victim to banking misconduct. On 1…
The UK Supreme Court, in the much anticipated judgment in Singularis Holdings Ltd (the “Respondent”) v Daiwa Capital Markets Europe Ltd (the “Appellant”) [2019] UKSC 50, have unanimously…