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Here is the timetable set out by the OFT
1.5 The OFT and the Banks hereby agree on the following proposed timetable,
which all Parties will invite the Court to endorse:
(a) Each Bank to file and serve an Acknowledgement of Service within 7 days of service of the OFT’s Claim Form;
(b) Each Bank to provide the OFT, by 1 August 2007, with a copy of its personal
current account agreements and price lists in relation to the Relevant Terms
and Relevant Charges encompassed within the Proceedings pursuant to clause 1.3 above, together with:
(i) in relation to any historic Relevant Terms or Relevant Charges, a
statement of the dates on which such Relevant Terms or Charges
applied; and
(ii) in relation to any replacement Relevant Terms or Relevant Charges, a
statement of the date of such change;
(c) The OFT to serve one composite set of Particulars of Claim relating to the
Relevant Terms or Relevant Charges of each Bank by 31 August 2007;
(d) Each Bank (or, if considered appropriate, the Banks together) to serve a
Defence and Counterclaim by 28 September 2007;
(e) The OFT to serve a Reply and Defence to Counterclaim by 26 October 2007;
(f) The first Case Management Conference (CMC) to be held on the first
available date after service of the Defence and Counterclaim of the Banks; if
the Court permits, the date of the CMC will be arranged through the normal
channels as soon as the Claim Form has been issued;
(g) Directions to be sought at the first CMC to deal with the following matters
(unless dealt with earlier, if the Court should so decide):
(i) extent and/or timing of evidence by way of witness statements or
otherwise;
(ii) extent and/or timing of any disclosure;
(iii) listing of trial, including time estimate, with the Parties aiming for a
trial as soon as reasonably practicable;
(iv) if appropriate, intervention by any other banks desiring to join the
Proceedings;
(v) if unresolved, the stay of other proceedings in the Courts which raise
the Preliminary Issues and related issues.
Here is the timetable set out by the OFT
1.5 The OFT and the Banks hereby agree on the following proposed timetable,
which all Parties will invite the Court to endorse:
(a) Each Bank to file and serve an Acknowledgement of Service within 7 days of service of the OFT’s Claim Form;
(b) Each Bank to provide the OFT, by 1 August 2007, with a copy of its personal
current account agreements and price lists in relation to the Relevant Terms
and Relevant Charges encompassed within the Proceedings pursuant to clause 1.3 above, together with:
(i) in relation to any historic Relevant Terms or Relevant Charges, a
statement of the dates on which such Relevant Terms or Charges
applied; and
(ii) in relation to any replacement Relevant Terms or Relevant Charges, a
statement of the date of such change;
(c) The OFT to serve one composite set of Particulars of Claim relating to the
Relevant Terms or Relevant Charges of each Bank by 31 August 2007;
(d) Each Bank (or, if considered appropriate, the Banks together) to serve a
Defence and Counterclaim by 28 September 2007;
(e) The OFT to serve a Reply and Defence to Counterclaim by 26 October 2007;
(f) The first Case Management Conference (CMC) to be held on the first
available date after service of the Defence and Counterclaim of the Banks; if
the Court permits, the date of the CMC will be arranged through the normal
channels as soon as the Claim Form has been issued;
(g) Directions to be sought at the first CMC to deal with the following matters
(unless dealt with earlier, if the Court should so decide):
(i) extent and/or timing of evidence by way of witness statements or
otherwise;
(ii) extent and/or timing of any disclosure;
(iii) listing of trial, including time estimate, with the Parties aiming for a
trial as soon as reasonably practicable;
(iv) if appropriate, intervention by any other banks desiring to join the
Proceedings;
(v) if unresolved, the stay of other proceedings in the Courts which raise
the Preliminary Issues and related issues.
