News and Resources

CGL: unexpected, illogical and unfair

1 / 1 / 2018

David McIlroy and Nathan Webb consider the recent Court of Appeal decision in CGL v RBS [2017] EWCA Civ 1073, which addressed the scope for small businesses bringing claims against banks for alleged mis-selling in breach of regulatory rules. The decision involved three conjoined appeals and in each case the claimant alleged that it had […]

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Pension Transfer Advice Failing

1 / 11 / 2017

Susanne Muth considers the FCA’s recent update on systemic failings in the provision of advice on pension transfers. The update focuses in particular on the advice (or lack thereof) being given on transfers from defined benefits schemes to defined contributions personal pension schemes. If you think you have lost out as a result of unsuitable pension transfer advice, we are […]

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GRG Interim Report

15 / 10 / 2017

Susanne Muth considers the recently released Interim Summary Report into the workings of RBS’s Global Recovery Group. Click here to download the article. If you think you may have a claim against a lender relating to your treatment by a business support unit — whether that’s RBS/GRG or another bank — we are able to give you […]

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Claims against Banks’ Business Support Units

26 / 8 / 2017

Going from Bad to Worse: Claims against Banks’ Business Support Units The activities of the Royal Bank of Scotland’s Global Restructuring Group (“RBS GRG”) have been subject to widespread criticism in the media. The headlines have been welcome for affected customers and unpalatable for RBS. But what does it mean for your business? At Forum, […]

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Barclays Fraud Charges

21 / 6 / 2017

Forum Head of Chambers, David McIlroy, was recently interviewed by Channel 4 News regarding the decision of the Serious Fraud Office to charge Barclays and four former bankers with fraud and financial assistance in connection with Barclays’ dealings with Qatari investors in 2008. You can watch David’s interview here. For further information, please contact Conor […]

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20 / 6 / 2017

Forum Head of Chambers, David McIlroy, was recently interviewed by William Turvill of City A.M. regarding the swaps mis-selling Court of Appeal case, CGL v RBS. The article is available here. For further information, please contact Conor Fagan.

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Stay of proceedings to allow FOS complaint

10 / 6 / 2016

Lloyd Maynard is successful in High Courtapplication for a stay of interest rate swap proceedings to enable claimants to pursue redress before the Financial Ombudsman Service. Burton J agreed that a stay of proceedings for 1 year would not cause the defendant banks prejudice and the Claimants could not be faulted for having issued proceedings […]

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“The Law & Practice of True Sales” reviewed by Darragh Connell

1 / 1 / 2016

Darragh Connell’s review of “The Law & Practice of True Sales” (1st Ed.) has been published in the April 2016 edition of the Journal of International Banking and Financial Law ((2016) 4 JIBFL 241). The book is written by Nicholas Grandage and Daniel Franks, partners at Norton Rose Fulbright LLP. It considers the relevant English […]

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