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Bradford & Bingley Rights Issue Action Group

BRADFORD & BINGLEY RIGHTS ISSUE ACTION GROUP

The Statutory Limitation Period for the issue of Court Proceedings expires in August and we regret to advise all members of the Action Group that despite all our best efforts we are unable to issue proceedings in this matter.

The case is a strong one but Court Proceedings will not work without external litigation funding and adverse costs insurance and despite a great deal of time spent in seeking to finalise such arrangements we have been unable to conclude these.

This firm has been working without payment for some considerable time in an attempt to move matters forward and this outcome is disappointing for us given the strong merits of the Claim itself.