Pension Scheme Must Search For Docs In Vannin's £14M Suit

Law360, London (June 24, 2019, 3:15 PM BST) -- A judge on Monday ordered a Societe Generale SA pension scheme trustee to turn over more evidence to litigation funder Vannin Capital PCC in a fight over a slice of a £200 million settlement with Royal Bank of Scotland, saying it's not unreasonable to spend more money on disclosure.

In a decision handed down in the High Court, Deputy Judge Joanna Smith told SG UK DB Trustee Co. Ltd. it must comply with a disclosure order obliging it to conduct more extensive records searches for Vannin, which wants a slice of a settlement struck between shareholders and RBS over the bank's 2008 rights issue. Vannin is...

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