Linklaters and Herbert Smith Freehills (HSF) have taken the lead legal roles on an agreement between the Financial Conduct Authority (FCA), Card Protection Plan (CPP) and 13 high street banks which could see £1.3bn returned to customers who were mis-sold insurance products. Seven million customers, who between them bought and renewed around 23 million policies covering card and identity protection, may now be entitled to compensation, after the parties settled on a 'redress bill'.
August 23, 2013 at 06:33 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Herbert Smith Freehills (HSF) have taken the lead legal roles on an agreement between the Financial Conduct Authority (FCA), Card Protection Plan (CPP) and 13 high street banks which could see £1.3bn returned to customers who were mis-sold insurance products.
Seven million customers, who between them bought and renewed around 23 million policies covering card and identity protection, may now be entitled to compensation, after the parties settled on a ‘redress bill’.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
