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Timothy Schools -Solicitor struck off failing to act with integrity - ATM Solicitors
A solicitor has been struck off by the Solicitors Disciplinary Tribunal (SDT) after a number of serious allegations were found proved against him, including failing to act with integrity.
Timothy Schools, from Sedbergh, Cumbria, formerly of ATM Solicitors in Preston, was struck off in May after the tribunal found proved ten allegations brought by the Solicitors Regulation Authority (SRA). The SRA's allegations included failing to act with integrity, acting where there was a conflict of interests, and acting in a manner which led to his independence and that of ATM Solicitors being compromised.
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http://www.solicitorstribunal.org.uk...12.Schools.pdf
An interesting read with regards claims management, PPI, referral fees and introducers fees. Anyone interested in the AX Fund issues should read this.
Timothy Schools, from Sedbergh, Cumbria, formerly of ATM Solicitors in Preston, was struck off in May after the tribunal found proved ten allegations brought by the Solicitors Regulation Authority (SRA). The SRA's allegations included failing to act with integrity, acting where there was a conflict of interests, and acting in a manner which led to his independence and that of ATM Solicitors being compromised.
More...
Statement of Full Order
136. The Tribunal Ordered that the Respondent Timothy Paul Schools, solicitor, be struck
off the Roll of Solicitors and it further Ordered that he do pay the costs of and
incidental to this application and enquiry, such costs to be subject to a detailed
assessment unless agreed between the parties and the Tribunal further Ordered that
the Respondent do make an interim payment of £60,000.00 to the Applicant towards
the said costs.
136. The Tribunal Ordered that the Respondent Timothy Paul Schools, solicitor, be struck
off the Roll of Solicitors and it further Ordered that he do pay the costs of and
incidental to this application and enquiry, such costs to be subject to a detailed
assessment unless agreed between the parties and the Tribunal further Ordered that
the Respondent do make an interim payment of £60,000.00 to the Applicant towards
the said costs.
An interesting read with regards claims management, PPI, referral fees and introducers fees. Anyone interested in the AX Fund issues should read this.
The claims were based on financial mis-selling under the Consumer Credit Act 1974
whereby breaches of the requirements of consumer credit legislation were alleged to
render an agreement unenforceable. There might be other issues forming part of the
claims such as mis-sold payment protection insurance (“PPI”) as part of the loan or
undisclosed commission by brokers. CCA related claims dealt with by solicitors
included claims in respect of personal loan agreements, credit card agreements, store
card agreements, mortgage agreements, bank charges and PPI cases.
26. The role of the solicitor was to seek to establish that the CCA was unenforceable for
example by identifying inaccuracies in the agreement or breaches of the Consumer
Credit Act by the credit provider. As a result, the client might be entitled to cease
making payments to the credit provider or, in the case of PPI claims the payments
made by the client would be recovered, plus interest.
whereby breaches of the requirements of consumer credit legislation were alleged to
render an agreement unenforceable. There might be other issues forming part of the
claims such as mis-sold payment protection insurance (“PPI”) as part of the loan or
undisclosed commission by brokers. CCA related claims dealt with by solicitors
included claims in respect of personal loan agreements, credit card agreements, store
card agreements, mortgage agreements, bank charges and PPI cases.
26. The role of the solicitor was to seek to establish that the CCA was unenforceable for
example by identifying inaccuracies in the agreement or breaches of the Consumer
Credit Act by the credit provider. As a result, the client might be entitled to cease
making payments to the credit provider or, in the case of PPI claims the payments
made by the client would be recovered, plus interest.
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