By Ian Fraser April 13th, 2013
Finally, we have evidence that banks and bankers are notabove the law in the United Kingdom. It seems the courts have finally woken up to the fact that allowing them to lie, cheat, deceive and defraud without legal impediment may not be a particularly good idea. As such, yesterday’s appeal court ruling, which reveals RBS to have behaved in what might, at best, be described as a slippery and underhand fashion, is a cause for celebration which I hope will come to be seen as a turning point.
Three appeal court judges yesterday overturned an earlier court judgment in asset-management group long-running Highland Capital Management‘s dispute with the Royal Bank of Scotland. Read more