Why RBS Might Be Spared Wave Of Litigation By Small Firms
By Richard Crump (March 6, 2018, 6:11 PM GMT) -- Revelations that Royal Bank of Scotland PLC systematically mistreated struggling small to midsized businesses for profit might sound like a litigator's starting gun, but legal experts say claimants would struggle to bring successful claims against the bank because of time bars, money and need for specific evidence.
Royal Bank of Scotland has said it is "deeply sorry" for the way it treated businesses in its global restructuring group. (AP) British lawmakers last month published the damning report into widespread misconduct during the bank's dealings with thousands of small businesses that came to it for financial support following the financial crisis....
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