LEXLAW Solicitors & Barristers
Warren Buffett famously referred to derivatives as “financial weapons of mass destruction.” Lexlaw highlights the risks associated with derivatives and the importance of legal support for those affected by derivative mis-selling. If you have concerns about derivatives sold to you, contact Lexlaw for expert advice and assistance on protecting your interests.
A Financial Ombudsman Service (FOS) decision does not prevent claimants from pursuing further court action for additional compensation beyond the FOS award. In Clark v In Focus, the High Court ruled that the Ombudsman’s ruling is not legally binding and does not merge causes of action. This is important for bank swaps mis-selling victims who accepted FOS awards but seek further claims. Contact Lexlaw for expert advice on continuing litigation beyond FOS resolutions.
Green & Rowley v Royal Bank of Scotland plc EWHC 3661 (QB) is a High Court case involving claims by John Green and Paul Rowley against RBS. The case deals with disputes related to financial transactions and banking practices. For detailed legal insights and advice regarding this case or similar banking disputes, contact Lexlaw Solicitors for expert guidance and representation.
Major banks may suspend swap payments for financially distressed businesses while an independent review is conducted. Suspension is considered case-by-case and does not imply wrongdoing by the bank. Banks reserve their rights regarding suspended payments. Contact Lexlaw for expert help if you need support against UK Banks.