Fri, 17 May 2013
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RJW issues call to arms for bank-fighting firms
I note "Lack of proper explanation and failure to advise of alternative products will be key issues"
But surely there must be one case (amongst the 225) based on this principal to take before the Courts as a test case.
Or is the case going to be based on statistics.
Main point is to take one strong case and put it before the Court to see whether the whole issue of mis-selling stands up to judicial scrutiny.
If it does then the banks will take note and start settling otherwise the whole process is going to be pro-longed for ever.
There are people suffering to make the monthly IRSA payments and may not be there for long to fight on.
Patara & Co - Accountants
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