Former UK Agency Roped Into RBS Refinancing Fight

Law360, London (February 8, 2019, 10:48 PM GMT) -- A London judge Friday let a property developer expand a lawsuit accusing the Royal Bank of Scotland PLC of sabotaging his company for profit to include new allegations that a now-defunct government agency directed the bank to reject the developer's refinancing plans.

A London judge allowed a property developer suing the Royal Bank of Scotland to add allegations that the bank gave in to pressure from the Asset Protection Agency to deny the developer's refinancing proposals. (AP)

High Court Judge Stephen Eyre QC said Oliver Morley Estates may tack additional claims accusing RBS of giving into demands from government's Asset Protection Agency, or APA,...

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