McHale & Co. Solicitors Blog

“Caps”, although always not right for customers are the most “friendly” type of Interest Rate Hedging Product. Rather than fixing the rate of interest, as in the case of a “Swap”, the most common type of product, a customer who purchased a Cap benef…

Categories: Interest Rate Swaps

We have now dealt with cases, which have gone through the FCA Review process, for over 100 clients.

Categories: Interest Rate Swaps

It seems clear to me now that, having submitted a good many Consequential losses claims for the victims of Interest Rate miss selling, that the banks are effectively applying a policy of refusing to pay any such losses.

Categories: Interest Rate Swaps

I have been looking at the FCA data concerning the Number and progress of SWAPs claims that are going through the review.

Categories: Interest Rate Swaps

BBC’s Panorama programme last night and a report by Channel 4 news on Sunday (in which one of my clients was featured) has put the misselling of interest rate hedging products back in the spotlight,

One of our clients has recently had a “review update” from Barclays and I think it is worth sharing some of my thoughts on it. Firstly I am very encouraged by it. They are certainly on the right tracks and I believe that with the appropriate help a…

Here's the update on the story so far.... As the Law Society Gazette  points out this week-solicitors could face negligence claims if they do not secure ATE insurance before the civil litigation reforms come in on the 1st April 2013. The re…

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