Law360, London (June 26, 2019, 8:11 PM BST) -- A property developer suing RBS for allegedly intentionally wrecking his business for profit won an extension for trial preparation on Wednesday, allowing time for his new law firm to review materials including a recently published regulatory report into the bank's discredited restructuring group.
Master Julia Clark in a hearing granted Oliver Morley an extension for exchanging witness statements in his case challenging Royal Bank of Scotland's treatment of his company after it incurred a loss on a £75 million ($95 million) loan and a £49 million interest rate collar in 2006.
Master Clark said that Morley's new lawyers at Cook Young...
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