LEXLAW Solicitors & Barristers
The Financial Conduct Authority (FCA) has said that business owners who were mis-sold tax-payer backed Enterprise Finance Guarantees (EFGs) by the Royal Bank of Scotland (RBS) may be…
Our team of bank litigators can assist on litigation claims or high value Financial Ombudsman Service complaints against Metro Bank Plc. We have brought very high value claims against…
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’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.
The Royal Bank of Scotland (RBS) is reviewing its past sales of 1,800 Enterprise Finance Guarantee (EFG) loans to small businesses, following concerns that RBS did not properly explain…