The Times: Lawyers launch petition for financial mis-selling tribunal
The Times Brief reports that we have launched an online petition in an attempt to apply public pressure on banks to settle compensation claims for financial product mis-selling.…
The Times Brief reports that we have launched an online petition in an attempt to apply public pressure on banks to settle compensation claims for financial product mis-selling.…
Major banks and other financial services institutions are often in dispute with customers who deserve protection. Access to court is costly. The FOS ombudsman scheme is inadequate. The…
RBS has been accused of deliberately destroying small businesses In the past five years, LexLaw has issued more High Court litigation over bank misconduct than all other law…
The Court of Appeal has allowed WW Property Investments Ltd to appeal against NatWest over mis-sold interest rate derivatives and the negligent conduct of the IRHP review. This landmark decision challenges banks’ redress offers and recognition of consequential losses, encouraging affected customers and SME victims to seek legal advice for potential claims. The ruling could impact limitation periods and existing non-advisory defenses employed by banks, with major implications for financial services litigation and previous IRHP Review outcomes.
In yet another example of disclosure wrongdoing, The Lawyer’s Tabby Kinder reports that Dentons and RBS have been accused in the High Court of deliberate non-disclosure of documents…
RBS announces a New Complaints Process and Complex Fee Refunds for SMEs in their GRG division between 2008 to 2013. This process has serious flaws.
RBS has announced, with FCA agreement, (1) a new GRG complaints process, and (2) refunds of some fees paid by SME customers in GRG. LIMITATION WARNING: Businesses that…
This statement provides an update on the Financial Conduct Authority’s (FCA) review of Royal Bank of Scotland’s (RBS) treatment of small and medium enterprise (SME) customers in financial…
A tort is a non-contractual wrongful act or infringement of a right leading to legal liability. The tort of conspiracy is a civil wrong. It is distinct from criminal…
James Hurley, Enterprise Editor, of the Times, reports that the financial services industry’s regulatory watchdog, the FCA, will not rush after receiving a two year overdue s.166 report…