The Northern Rock shareholders dispute has entered its final day of appeal, with Jonathan Sumption QC replacing Lord Grabiner QC for the Government throughout the appeal process. The three-day trial, which kicked off earlier this week (10 June) in the Court of Appeal, sees more than 150,000 private shareholders appealing a February decision which scuppered the shareholders' attempts to secure improved compensation following the nationalisation of the lender.
June 12, 2009 at 07:47 AM
1 minute read
The original version of this story was published on Legalweek
The Northern Rock shareholders dispute has entered its final day of appeal, with Jonathan Sumption QC replacing Lord Grabiner QC for the Government throughout the appeal process.
The three-day trial, which kicked off earlier this week (10 June) in the Court of Appeal, sees more than 150,000 private shareholders appealing a February decision which scuppered the shareholders’ attempts to secure improved compensation following the nationalisation of the lender.
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