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    APPG on Fair Business Banking: Improve SMEs access to justice and establish a Financial Services Tribunal

    Posted on July 12th, 2018 by Jaron Dosanjh

    The APPG on Fair Business Banking launched their highly anticipated dispute resolution report on 11 July 2018.  The report, authored by Kevin Hollinrake MP and undertaken by the Centre for Policy Studies, sets out the position of the APPG on […]

    Ross McEwan claims RBS “deeply regret the mistakes made in the past” yet fails to accept critical report’s findings in letter to Nicky Morgan MP

    Posted on November 2nd, 2017 by Sophia Hanif

    In a letter to Treasury Select Committee chair Nicky Morgan MP, Ross McEwan, Chief Executive of the Royal Bank of Scotland Group, speaking about the GRG report, acknowledges that the bank could have “done better” in managing SME customers in financial […]

    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 […]

    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 […]

    The Sunday Times: ‘We will battle on, warn victims of bank mis-selling’

    Posted on August 2nd, 2015 by Jenny Julian

    The Sunday Times reports on the largest ever publicly disclosed settlement of an interest rate swaps mis-selling case. The derivatives in question were sold to a Care Home by Lloyds Bank, which refused to compensate their customer via the FCA-backed IRHP Review […]

    The Sunday Times: ‘Lloyds pays up on rate swap wrangle’

    Posted on July 26th, 2015 by Jenny Julian

    Kiki Loizou, of The Sunday Times, reports on our Financial Services Litigation team’s recent successful settlement of a swaps mis-selling litigation case.  A multi-cancellable swap was sold to a Care Home operator by Lloyds Bank. The bank refused to compensate […]

    Statement by Coin Group re Litigation Settlement with Lloyds Bank Plc

    Posted on July 24th, 2015 by Jenny Julian

    LLOYDS BANK – INTEREST RATE HEDGING PRODUCT (IRHP) MIS-SELLING £4.6 MILLION GBP LITIGATION SETTLEMENT WITH SME CARE HOME LONDON, UK – Lloyds Bank Plc (LLOY.L) has settled a High Court claim[1] over the mis-selling of three complex financial derivatives[2], sold initially […]

    LEXLAW featured on BBC Radio 4’s The Report: Interest Rate Swaps Mis-selling

    Posted on May 3rd, 2012 by Jenny Julian

    LEXLAW Principal, M Ali Akram, was interviewed by BBC Radio 4′s “The Report” alongside our client, a firm of family butchers, who are bank mis-selling victims. The programme discusses the mis-selling of interest rate swaps (derivatives) by retail banks to UK […]