Northern Rock shareholders today (8 May) launched a judicial review as they bid to win improved compensation from the Government following the nationalisation of the crisis-hit lender. The review is being sought by the UK Shareholders Association (UKSA), representing approximately 150,000 private shareholders that held up to 25% of the bank's shares. David Greene, head of litigation at UK group action specialist Edwin Coe, is advising the UKSA.
May 08, 2008 at 10:46 AM
1 minute read
The original version of this story was published on Legalweek
Northern Rock shareholders today (8 May) launched a judicial review as they bid to win improved compensation from the Government following the nationalisation of the crisis-hit lender.
The review is being sought by the UK Shareholders Association (UKSA), representing approximately 150,000 private shareholders that held up to 25% of the bank’s shares. David Greene, head of litigation at UK group action specialist Edwin Coe, is advising the UKSA.
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