The group of small businesses planning to sue the Royal Bank of Scotland’s global restructuring group (RBS-GRG) has switched its advisers for the second time, with Enyo Law taking over from Quinn Emanuel Urquhart & Sullivan.
Enyo is the third firm instructed by the group, after Clyde & Co stepped down due to conflicts with its insurance clients.
The group, made up of businesses and individuals, is aiming to bring a case based on an “unlawful means conspiracy” by RBS-GRG against its customers, and bring an action against individual directors as well.
But this isn’t the only time that RBS will be in court this year – the bank is also facing a claim over its 2008 £12bn rights issue by four separate claimant groups.
Quinn Emanuel continues to work on that mammoth case, which has also seen changes in advisers – Fladgate took over from Bird & Bird for one group of claimants last year after a row over fees.
Also on TheLawyer.com:
- The UK government wins a landmark victory against Cleary and the European Central Bank over the location of central clearing houses
- Public Law Project’s claim against changes to judicial review wins in High Court
- Law Society wins right to appeal against criminal legal aid ruling in Court of Appeal
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