Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

[EXC]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Tom seems to think it could be the OFT appealing on PIL which of course the OFT lost on, with the exception of HSBC.

[kev2b3]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Suddenly i feel quite ill.

[natweststaffmember]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Suddenly i feel quite ill.

Drink plenty and have an early night(Doctors always say that)

[ROBSTER]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Drink plenty and have an early night(Doctors always say that)

That's odd I'm sure my doctor told me to "drink less"!

I must need my ears tested too.

He probably said

"Drink (til you're leg) less"

Its all starting to make sense!

LOL

[borgbaiter]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Speculation is a waste of time.

Let's wait till we get the facts.

An application to appeal a judgment cannot be heard before that judgment has been handed down. Please just use a bit of common sense.

Budgie

makes more sense when you say it like that :-). panic over.


Borgbaiter

[Budgie]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Tom seems to think it could be the OFT appealing on PIL which of course the OFT lost on, with the exception of HSBC.

Sounds pretty plausible to me, in which case it is a bloody good thing.

It is certainly not an application by the OFT to appeal a decision that has gone against them by the appeal Judges and any suggestion to the contrary is just stupidity.

There is no need for anyone to be nervous or worried about tomorrow.

[showergirl]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Sounds pretty plausible to me, in which case it is a bloody good thing.

It is certainly not an application by the OFT to appeal a decision that has gone against them by the appeal Judges and any suggestion to the contrary is just stupidity.

There is no need for anyone to be nervous or worried about tomorrow.

God I hope your right. This whole business has got everyone on edge. Like you say let's not speculate and wait till the hearing tomorrow.

Good luck everyone

[natweststaffmember]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

don't Panic!!!

[EXC]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

I'd agree with Bud. I'd say it would be procedurally impossible to apply for an appeal on a decision that is yet to be formally handed down.

[pinknico]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

don't Panic!!!

LOL

[tomterm8]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

I always wondered whether the OFT could actually "deem" the charges unfair. I honestly wonder whether, even if the UTCCR regulations apply, each case should be determined on its merit.

PIL SHOULD have been appealed, I think that is the crux of an awful lot of cases, and it should have been determined by the house of lords. I think the decision not to appeal reduces the legitimacy of the verdict.

[Amethyst]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

pmsl aye don't panic, still interesting to work out what they may be, makes things more fun.

The judgment has been with the banks etc for a few days in order for them to sort out their appeals / orders etc so they can be submitted tomorrow and the judgment amended accordingly..saves on time. So the judgments handed down in first five mins, next 20 are the banks and OFT putting forward their intentions. That will be the interesting bit.

[EXC]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

I'm reliably informed that the OFT appeal application cannot be for the appeal decision itself as the reference number -1396 - precedes the numbers designated for the appeal case itself -1400+ - and all ref numbers are assigned chronologically.

Tom reckons the OFT appeal could be for either the judgment or the declaration on penalties as although the OFT didn't seek leave to appeal them at the time they reserved the right to do so.

[Amethyst]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Ahhhh the magic of numbers....good news


sooo


A3/2008/1406 Office of Fair Trading -v- Abbey National Plc & ors. Application of 4th Defendant for permission to appeal and expedition with appeal to follow if granted.
A3/2008/1406(Y) Office of Fair Trading -v- Abbey National Plc & ors. Application of 4th Defendant for renewal of lower court part refusal of permission to appeal.

??????? this mean HBOS appealing the judgment thats being handed down tmw? simply going on your numbers theory?

[Amethyst]

Re: Appeal Judgment - 26th February 2009 - OFT v Abbey National Plc & Otrs

Bank charges verdict to finally arrive | This is Money

Marc Gander, head of the bank charges lobby organisation Consumer Action Group, said he is sure the OFT will be given this option.
He said: 'I'm sure the judge would grant the OFT the right to appeal in the very unlikely event it loses. It would even things up: each side would then have appealed one of its rulings.
'The only thing that would stop the banks appealing is their public image. To drag this on yet another year by taking it to the House of Lords after delaying the case a year already, I think would mark them out as the people's enemy when their reputation is bad enough already.
'I'm not sure they would have the gall to do that. They may be so reluctant to draw this on that they may throw the towel in.'

lol