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RBS Can't Shake Allegation It Misled Court In Loan Suit

Law360, London (December 19, 2018, 8:07 PM GMT) -- A U.K. property firm has won permission from a London court to plead in its lawsuit against Royal Bank of Scotland PLC that the bank knowingly put forward a “false and misleading” case in separate legal proceedings with its director.

High Court Judge Stephen Males ruled late Tuesday that Grove Park Properties Ltd. can accuse RBS of deceiving the court in separate proceedings launched by the firm’s director Gary Wyatt in October 2013, when the bank said in its defense that Wyatt had committed fraud and forgery by changing the repayment date of a £10.5 million ($13.2 million) loan from 2012...

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