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Failure to reveal commission fees stops time running in PPI claim - Vimarsana News

Failure to reveal commission fees stops time running in PPI claim

Supreme CourtPublished on January 8, 2024Potter v Canada Square Operations LtdBefore Lord Reed, Lord Hodge, Lord Sales, Lord Lloyd-Jones and Lord Kitchin[2023] UKSC 41Judgment November 15, 2023When a

UK Supreme Court time-bar ruling could unleash 26,000 PPI claims - Vimarsana News

UK Supreme Court time-bar ruling could unleash 26,000 PPI claims

A test case about loan insurance can go ahead because a British bank deliberately concealed a 95%-plus commission for years, the UK Supreme Court ruled on Wednesday, opening the way for 26,000...

Millions of PPI customers can now make new claims for up to £40,000 - Vimarsana News

Millions of PPI customers can now make new claims for up to £40,000

Millions of PPI customers can now make new claims for up to £40,000 after latest court ruling Around 64 million PPI policies were sold across the UK between 1990 and 2010. More than £35 billion has already been successfully claimed in PPI compensation (Image: Getty Images) Get the latest on money saving tips and benefit changes straight to your inbox each week with our Record Money newsletter.Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accor...

Lender Can't Escape PPI Suit After Hiding Commission - Vimarsana News

Lender Can't Escape PPI Suit After Hiding Commission

ADVERTISEMENT ADVERTISEMENT Lender Can't Escape PPI Suit After Hiding Commission Law360, London (March 12, 2021, 4:32 PM GMT) -- An appeals court has ruled that a customer didn't wait too long to sue a Citigroup unit over its marketing of payment protection insurance because the bank hid the fact that it would receive a huge commission from the sale for years. Judge Vivien Rose, writing for the unanimous three-judge panel at the Court of Appeal on Thursday, rejected claims from Canada Square Operations Ltd. that a customer had run out of time to contest PPI payments on a policy provided by a...

Source: law360.com