Many financial institutions and organisations, ranging from asset funders through to banks, have been subjected or exposed to bulk claims or class actions against them. These actions generally arise from perceived shortcomings, either in respect of the documentation or due to an organisation’s adherence to regulatory procedures.
Such proceedings, if not handled correctly, can escalate on an industrial scale with catastrophic results for both the business and its stakeholders.
We advise financial institutions in respect of such issues. If there is a fault to be rectified then we can assist with the remediation process. In instances where the claim is unjustified then we represent clients and work with them to robustly defend the action.
These claims were once out of the ordinary but they are now appear with frightening regularity.
For further information about our legal services in defending bulk claims and class actions please complete the request a call back form. Alternatively, you can call us on 03300 584 200 or speak to one of our partners directly.