Financial Claims
MKB Law are regarded as experts in relation to all financial and banking litigation matters for both businesses and individuals.
Our Financial Claims team represents borrowers and bank customers when lenders and banks have “overstepped the mark” and breached their statutory and regulatory obligations. Or where they have failed to adhere to the general principles of the Banking Conduct of Business Sourcebook.
In recent years we have been involved some of the most significant cases in this area, including:
Successfully acting in injunctions against a major bank to prevent the assignment of rights to third parties;
Successfully acting to recover damages as a result of the mis-selling of derivative products;
Successfully recovering damages arising from breaches of contract by the bank in its application of interest under facility letters;
Issuing proceedings for declaratory relief confirming that debts alleged against a customer for null and void.
Unauthorised Payments
In today’s society, we all unfortuately run the risk of falling victim to cyber scams and fraud, notably that money has gone from a bank account without authorisation. Our Associate Director Jonathan Jackson has particular expertise in dealing with the Payments Services Regulations and has recovered hundreds of thousands of pounds on behalf of our clients. Please contact Jonathan if you think you have been the victim of financial fraud.