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NRAM plc v McAdam & Hartley – NRAM JUDGMENT

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  • #16
    Re: NRAM plc v McAdam & Hartley – NRAM Board Seeks Leave to Appeal – UK Asset Resolut

    For me it has to be supported from regulation & an admission of lack of interest being either in representation or otherwise.

    The providers need not rely on old outdated terms or moreover rely on "core terms" (outdated) the law & its every evolving impact must surely take precedence.

    The sums involved are huge......both ways, what is right is to follow the rules on "fairness" & apply blanket.

    That for me means the CCA does apply, not might or if at the ability of a defendant in argument, a judges opinion or any potentially additional circumstance.

    FCA need to perform & fast on this.

    Comment


    • #17
      Re: NRAM plc v McAdam & Hartley – NRAM Board Seeks Leave to Appeal – UK Asset Resolut

      I believe, and correct me if I am wrong, which is by no means unlikely, that if the loans over £25k attached to the together mortgages are deemed as regulated by the Consumer Credit Act by contract rather than by legislation, then the protections of the CCA come in and as NRAM sent no statements to the debtors between 2008 and 2011 then all interest paid between those dates must be refunded ( like in the Blackhorse motor finance cases ).

      If it is found that the loans don't have the CCA via the contract and by legislation they don't then the loans were sold as being covered by the CCA so therefore were missold and people could reclaim all the interest on the loans ?

      41,000 odd peeps ......
      Last edited by Amethyst; 1st May 2015, 07:32:AM.
      #staysafestayhome

      Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

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      • #18
        Re: NRAM plc v McAdam & Hartley – NRAM Board Seeks Leave to Appeal – UK Asset Resolut

        Originally posted by Amethyst View Post
        That's true, maybe the transcripts will help make it clearer ?
        218 pages...

        http://www.n-ram.co.uk/~/media/Files...april-2015.pdf

        Comment


        • #19
          Re: NRAM plc v McAdam & Hartley – NRAM Board Seeks Leave to Appeal – UK Asset Resolut

          Originally posted by Nibbler View Post
          ahh brilliant. Some bedtime reading.... thanks Nibs. When did they publish them?
          #staysafestayhome

          Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

          Received a Court Claim? Read >>>>> First Steps

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          • #20
            Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

            Someone noticed - or at least commented - for the 1st time this morning, so I assume today or yesterday is likely.

            Comment


            • #21
              Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

              Originally posted by Nibbler View Post
              Someone noticed - or at least commented - for the 1st time this morning, so I assume today or yesterday is likely.
              Though I was subscribed to this.....................any how got it now, any one read already ?

              Comment


              • #22
                Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                https://www.justice.gov.uk/courts/co...t-appeal-civil

                notice
                Take notice that on THURSDAY, 23 JULY, 2015 in COURT 63, at 9:45, Judgment will be given in the following.
                APPEAL
                From The Queen's Bench Division
                (Commercial)
                FINAL DECISIONS
                A3/2015/0150 NRAM Plc -v- McAdam & Anr.

                Comment


                • #23
                  Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                  Well spotted, interesting week this week then xx
                  #staysafestayhome

                  Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                  Received a Court Claim? Read >>>>> First Steps

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                  • #24
                    Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                    Very interesting....no doubt there are some strong opinions for both sides of the argument, will it be posted here when the decision is made & is that likely to be disclosed on the day ?

                    Comment


                    • #25
                      Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                      Originally posted by Fred View Post
                      Very interesting....no doubt there are some strong opinions for both sides of the argument, will it be posted here when the decision is made & is that likely to be disclosed on the day ?
                      I have read through most of the transcript.

                      What's everyone general consensus?

                      I personally believe that they will judge in NRAM's favour.

                      Comment


                      • #26
                        Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                        I have absolutely no idea which way it will fall. The transcript does feel weighted towards NRAM but often that is the case if the judgment goes against as they have had to argue more .... well, less than 12 hours till we find out.
                        #staysafestayhome

                        Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                        Received a Court Claim? Read >>>>> First Steps

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                        • #27
                          Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                          I will be watching this space as the judgement could potentially have far reaching consequences

                          Comment


                          • #28
                            Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                            Originally posted by Ruby View Post
                            I will be watching this space as the judgement could potentially have far reaching consequences
                            opcorn:opcorn:opcorn:

                            Comment


                            • #29
                              Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment...

                              COURT 63

                              Before LADY JUSTICE GLOSTER

                              Thursday, 23rd July, 2015

                              At 9:45

                              for judgment

                              APPEAL

                              From The Queen's Bench Division

                              (Commercial)

                              FINAL DECISIONS

                              A3/2015/0150 NRAM Plc -v- McAdam & Anr. Appeal of Claimant from the order of Mr Justice Burton, dated 10th December 2014, filed 14th January 2015.
                              #staysafestayhome

                              Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                              Received a Court Claim? Read >>>>> First Steps

                              Comment


                              • #30
                                Re: NRAM plc v McAdam & Hartley – NRAM Appeal heard now awaiting judgment... TODAY !!

                                Do you think the decision will be announced today?

                                Comment

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