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  • Posts Tagged ‘LIBOR Manipulation’

    LIBOR, FX and Key Benchmark Rigging Claims against RBS, Barclays, HSBC & Lloyds set to Strengthen for Customers Mis-sold Derivatives

    Posted on March 9th, 2018 by Jaron Dosanjh

    The door has been opened by the Court of Appeal in PAG v RBS [2018] for misrepresentation claims to be brought by a counter-party to a derivative which is linked to LIBOR, FX or key benchmark where the Swap is […]

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    Property Alliance Group v RBS [2018]: Court of Appeal Opens the Door for Implied Misrepresentation Claims against Banks Mis-selling LIBOR-linked Derivatives

    Posted on March 5th, 2018 by Jaron Dosanjh

    The Court of Appeal (Sir Terence Etherton MR, Longmore LJ and Newey LJ) handed down judgment in the highly anticipated appeal from Asplin J’s decision in Property Alliance Group Ltd v The Royal Bank of Scotland Plc [2016] EWHC 207 […]

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    Court of Appeal to consider permission to appeal in PAG v RBS

    Posted on February 25th, 2017 by Jenny Julian

    Property Alliance Group Ltd (“PAG”) has recently filed leave to appeal to the Court of Appeal against a decision of Mrs Justice Asplin in the High Court in December 2016. The underlying litigation, the outcome of which is being appealed, […]

    The Times: Lawyers launch petition for financial mis-selling tribunal

    Posted on December 19th, 2016 by Jenny Julian

    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 petition launched on Friday calls on the government to create a […]

    Petition: Establish a Financial Services Tribunal to resolve customer disputes.

    Posted on December 19th, 2016 by M Ali Akram

    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 FCA is not equipped to resolve disputes. Tribunals offer scrutiny, justice and […]

    GRG WestRegister took 80% Equity in Bowlplex – Cost Owners £50m; while RBS Profited £9m

    Posted on December 4th, 2016 by Jenny Julian

    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 firms in the UK By VICKI OWEN FOR THE MAIL ON SUNDAY […]

    Court of Appeal grant permission to appeal based on LIBOR and Negligent IRHP Review arguments

    Posted on November 29th, 2016 by Jenny Julian

    The Court of Appeal, the highest court within the Senior Courts of England and Wales, has granted permission to appeal to the Claimant in WW Property Investments Ltd v National Westminster Bank Plc [2016] EWCA Civ 1142 (29 November 2016). […]

    High Court slams Dentons and RBS for “cavalier” attitude to disclosure

    Posted on August 4th, 2016 by Jenny Julian

    A Financial List judge has determined Dentons and Royal Bank of Scotland to be “cavalier” in failing to comply with a disclosure order handed down last year in the case of Property Alliance Group Limited v Royal Bank of Scotland. […]

    The Times: Queen’s award winner sues banks over mis-selling

    Posted on June 30th, 2016 by Jenny Julian

    The Times Brief reports that a company with a Queen’s award for its work in boosting British entrepreneurs is suing two of the country’s biggest banks after they refused to pay up for allegedly mis-selling the not-for-profit business a complicated […]

    RBS settles mis-sold swaps litigation (Westgate Healthcare Ltd v Royal Bank of Scotland Plc)

    Posted on April 24th, 2016 by Jenny Julian

    Today’s Sunday Times, reports on settlement in the case of (1) Westgate Healthcare (Aylesbury) Ltd (2) Westgate Healthcare (Hemel Hempstead) Ltd (3) Westgate Healthcare Ltd v Royal Bank of Scotland Plc [2014-522 : CL-2014-000186] which has reportedly settled for around […]