Northern Rock’s former shareholders have lost their bid for a judicial review of the nationalisation compensation scheme but have vowed to press their claims in the the House of Lords and, potentially, the European Court of Human Rights.  The House of Lords appeal could be heard in summer 2010 but  an appeal to the European Court could take […]

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Former Northern Rock shareholders are challenging the UK government’s nationalisation terms in the British courts claiming that the Treasury’s conditions will result in little or no compensation. The case, which is expected to run for three days, is being brought by SRM Global, RAB Capital, and a group of private shareholders with the support of Legal & […]

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