Keydata Claims

FSCS’s Lifemark action

The FSCS has paid out millions to consumers following the collapse of Keydata in June 2009.

In the last week it has instructed Herbert Smith to send letters to hundreds of IFAs relating to Lifemark products: the Secure Income Bond 4, Secure Income Plan 1 - 12 and Defined Income Plan 1 - 8, requesting early payment of claims. We understand that Herbert Smith will be sending similar letters relating to other products in the coming weeks.
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Mediation shouldn't be seen as optional

High Court decision that highlights the importance of mediation
PGF II SA v OMFS Co 2012 EWHC 83 (TCC)

The claimant landlord claimed for dilapidations arising out of alleged breaches of the repairing covenants of an underlease, particularly in relation to the air conditioning system. Read more