LEXLAW Solicitors & Barristers
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.
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…
Unlawful means conspiracy is a civil tort where two or more individuals collude to harm another using illegal methods. Victims of such misconduct may find this tort useful in seeking compensation for acts that might not be actionable independently. By understanding unlawful means conspiracy, individuals can assess their legal options and protect their rights against potential wrongdoing.
Reports surface that Mark Spurin will take charge of the RBS GRG Review compensation scheme for ‘impacted SME’ victims.