Banks could still face legal claims from small businesses for the mis-selling of interest rate swap agreements, campaigners said yesterday.
The latest scandal, first highlighted by The Herald in June, produced its first court judgment on Tuesday when a Court of Session judge dismissed a claim by two property developers against Royal Bank of Scotland.
However, despite some experts saying the judgment will make it harder for businesses to sue banks, the Bully Banks campaign group disagrees. Spokesman Andy Green said the group now had 1400 members and was aware of more than 100 cases already with law firms, but awaiting the "review and redress" process.
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