Commercial Disputes News
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Carter-Ruck has achieved a substantial settlement for the liquidator of a company in ...
Carter-Ruck continues to secure high-value settlements for clients under the FCA review into the sale of interest rate hedging products, with a large number now having been offered substantial redress amounting to substantial six-figure sums.
Carter-Ruck has been listed among the leading law firms for banking litigation in the new edition of the Legal 500 Directory, in recognition of the firm’s pre-eminence in claims for large-scale financial mis-selling and interest rate “swaps” claims.
As the Times reported on 21 November 2013, Carter-Ruck is now handling claims involving hedging products totalling more than £1 billion.
For several years now Carter-Ruck has been at the forefront of efforts to obtain redress for businesses and wealthy individuals who have been mis-sold complicated interest rate hedging products such as Swaps and Structured Collars.
Carter-Ruck is at the forefront of the new litigation funding regime. The firm pioneered the use of Conditional Fee Agreements ("CFAs") in media and commercial litigation cases.
From 1 April 2013, new legislation will change the way in which solicitors can offer "no win no fee" agreements, which may mean it is harder to get legal representation on this basis.
Carter-Ruck acted for a high net worth individual who has been paid a substantial six-figure sum by the private wealth division of a leading bank following a complaint brought in relation to investment and borrowing advice.
The successful client was represented by Adam Tudor and Isabel Hudson
The firm has secured a favourable settlement of a contractual dispute on behalf of a commercial client against a UK-based PLC.
The successful party was represented by Cameron Doley and Luke Staiano
Carter-Ruck has been pursuing complaints for bank customers who have been missold these products for some time now and is acknowledged to be a leader in this area.
For further information please contact Adam Tudor or Stevie Loughrey.
Following a long legal battle, Carter-Ruck has reached a highly favourable settlement of a contractual dispute with a major global bank on behalf of a London-based SME.
The successful party was represented by Nigel Tait and Zoe Brocket