OFT v Banks Judgment 25th November 2009 - 9.45am- Supreme Court - Test case

[stewie082]

Bank charges:

The following judgment will be given on Wednesday 25 November 2009 at 9.45 am:

Office of Fair Trading (Respondents) v Abbey National plc and others (Appellants)

http://www.supremecourt.gov.uk/

[Amethyst]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

New thread started for the Supreme Court Judgment build up.......


1st Question - how do i get a train from here to central london before 9.30am AND get the kids to school ? hmmmmm (why can't they do these things at midday)

[natweststaffmember]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

This decision is the half way point in the OFT test case.
Expect as well advice from the Master of the Rolls to the County Courts.

I fully expect the STAYS to remain in place.

[EXC]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

And everyone can rest assured that this website will be the very first to announce the result of the judgment.

[natweststaffmember]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

And everyone can rest assured that this website will be the very first to announce the result of the judgment.

Will there be text alerts for those not able to get to the web for sometime after the judgement?


......like me for one

[echat11]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

Also, The Supreme Court are charging £350 for transcripts. In other courts you only pay for the photocopying. :beagle:

[EXC]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

I doubt if the judgment hearing will consist of anything more than Lord Phillips reading the final page of the judgment which will be published anyway.

Although there's been some controversy regarding the cost of Supreme Court documents the transcripts for the first instance test case hearing cost £650.

[ROBSTER]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

ROCK & ROLL LBs

FIRST WITH THE NEWS AGAIN!

[dad]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

Well I will be there.

Dad

[maggiemay48]

Re: OFT Test Case on Bank Charges update - Supreme Court Judgment coming soon !

Bank charges:

The following judgment will be given on Wednesday 25 November 2009 at 9.45 am:

Office of Fair Trading (Respondents) v Abbey National plc and others (Appellants)

http://www.supremecourt.gov.uk/

Is this the final one?Or Have we still we still got long way to go?


thank you

[ROBSTER]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

This decision is the half way point in the OFT test case.
Expect as well advice from the Master of the Rolls to the County Courts.

I fully expect the STAYS to remain in place.

There you go Maggie

[natweststaffmember]

Re: OFT Test Case on Bank Charges update - Supreme Court Judgment coming soon !

Is this the final one?Or Have we still we still got long way to go?


thank you

If there is no referral to the ECJ(only the court can do that), the banks' fail in their appeal, then we move onto secondary issues or what is called the Substantive issues.

[maggiemay48]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

There i am spending my money.Before i have even got it! Oh!Well not to worry.theres no harm in dreaming.I wonder will i still be alive when the case is settled?

[Amethyst]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

Have added to the story up on the homepage now - if anyone thinks I need change anything just yell at me, please!, my brains gone swashy today

The long awaited judgment in the battle between the seven largest banks and the Office of Fair Trading will be handed down on Wednesday 25th November in the new Supreme Courts of Justice. The Judgment will not mean the end of the wait for consumers hoping for refunds of unfair bank charges taken from them by the banks, but if the judgment is in the OFT's favour it will be a massive step forwards.

In August 2008 the OFT informed the banks that in its initial findings the terms providing for the charges being applied were unfair. The Supreme Court Judgment will tell the banks if the terms are capable of being assessed under the Unfair Terms in Consumer Contracts Regulations. If the Judgment confirms the OFT's view then the OFT will ask banks for voluntary compliance in refunding historical charges and amending future charging structures and levels of fees to a fair level. If the Banks refuse, then the OFT have the option of taking their findings back to court to be ruled upon.

This is an extemely important judgment with far reaching implications, whichever way it goes, however it is not the end of the road by any means.

Legal Beagles will be attending the handing down of the Judgment and keeping our members up to date via the forum and through Twitter.

Robster I don't think we were first to post it up, Marc on CAG mentioned middle of next week at about half twelve today, I havent read the MSE story as yet, but we wanted to wait for the supreme court listings to confirm it before getting everyone all excited.

[natweststaffmember]

Re: OFT v Banks Judgment 25th November 2009 - 9.45am

There i am spending my money.Before i have even got it! Oh!Well not to worry.theres no harm in dreaming.I wonder will i still be alive when the case is settled?

I think you will be.