By Kalvin P. Chapman I have been a qualified solicitor for five years, prior to that I had 18 months as a trainee solicitor and ~four years as a paralegal. Save for a short period I have always worked in litigation. I therefore have seen what is “usual” over that period, including the errors people [...]
By Kalvin P Chapman During the IRHP review, most lawyers became aware that where it could RBS would impose an alternative IRHP product on an SME. The alternative product meant, over-all, that RBS paid little or nothing. As such, any dispute with RBS must include a consideration of what to do if RBS rejects the [...]
It was hoped that the banking industries' long running PPI headache would come to an end in August 2019, with the announcement by the FCA of a deadline for bringing PPI claims. The FCA has now embarked upon a significant advertising campaign to try and attract those customers who have never previously complained, whilst also [...]
By Kalvin P Chapman The Press Gazette has printed an article claiming that Rochdale Online, a news site, had sued the Manchester Evening News in the small claims court, arguing a breach of copyright, and won. We have been unable to see the pleadings in the case or the judgment and neither Rochdale Online nor [...]
By Kalvin P Chapman On 7 October 2008 a telephone call took place that will most certainly feature in economics and politics books for decades to come. The Chairman of RBS had called the Chancellor, Alastair Darling, to tell him the bank was insolvent, could not close its books and wanted to know what the [...]
Cerberus By Kalvin P. Chapman 06/03/2017 On our Lloyds page (please see here) I discussed issues relating to Lloyds, HBSO and Bank of Scotland. One of the issues raised is Cerberus. Here I develop the issues and perceived issues with Cerberus. The best explanation of issues relating to Cerberus was set out by George Kerevan [...]
By Kalvin P. Chapman To the wider public RBS’s fall from grace, which led to it asking the then Chancellor of the Exchequer for a bail-out to stop it folding into bankruptcy has Fred Goodwin in the lead role. To those of us in the financial litigation sector, Goodwin is a red herring, someone we [...]
Blog by Kalvin P Chapman 30/01/2017 I joined Muldoon Britton on 7 July 2016. I was drawn to the “litigation only” aspect of the firm. I qualified in July 2012, and my first qualified role was dealing with Interest Rate Hedging Products. When I accepted my first role in March 2012 IRHP litigation was a [...]
By Kalvin P. Chapman I have been in law since 2006. At one stage I offered a service (and still do) for defending order for sale cases brought by the Child Support Agency (as it then was). This article is an explanation of why saving money on lawyer’s fees can be a very expensive failure [...]
By Kalvin P. Chapman In 2014 there were a number of UK and US fines for large banks relating to the manipulation of Foreign Exchange (FX) currency benchmarks. On 10 January 2017 the US department of Justice announced that three individuals have been charged with crimes relating to this[1]. Their press release says: “The one-count [...]