Test Case Judgment due 24/04/08

[brown1950]

Originally Posted by tomterm8

Well, Jay, since the banks haven't seen the actual verdict yet, no one really knows. However, it will decide some preliminary issues, at the minimum.

The banks and OFT know the verdict !

[tomterm8]

My understanding is that they will get a heads up tomorrow, and the result will be release on the 24th. That's what the court say. Of course, the results probably leaked allready, because it is currently worth tens of millions of pounds to the right person.

[Bookworm]

Let's find out: Someone call their banks and ask for a refund of new charges. If they say yes without arguing, you'll know.

[tomterm8]

several people have already done so, a number were refunded within minutes of calling.

I know one person who was kindly called a couple of days ago and informed a direct debit would take them over limit, and asked if they wanted to cancel it before incurring any charges.

They didn't even bother to take their £12 in late payment charges off me last month when i missed the deadline by a day.

[Bookworm]

Spooky.

[deadlykiss]

lol they took £35 off me on monday out of my tax credits so they aint that soft yet ,, oh well

[tomterm8]

Originally Posted by deadlykiss

lol they took £35 off me on monday out of my tax credits so they aint that soft yet ,, oh well

Call them at 9am tomorrow and ask for it back, mate, nowt to lose.

[deadlykiss]

lol think they would pay me all they owe ,, haa haa , will wait til Thurs see wat happens , then i,ll get it all back even wat they owe since i put me claim in ,, that must be another couple of 100 on top lol ,, sheesh ,

[breeze1996]

If "it's and ands" were pots and pans there be no need for Tinkers...

[noomill060]

Read the last post on this thread if you like spooky:

http://www.consumeractiongroup.co.uk...se-news-2.html

[Bookworm]

Can you give the post number? What was the last post when you read it is unlikely to be the last one now, this is CAG after all, bunch of gasbags if I ever saw any!

[Bookworm]

Oooh, you must mean #36. Interesting.

[PGH7447]

Bank Charges Result Thurs & 2,000,000 Thanks!
Bank Charges Test Case Result Due This Thur 24 April. The result of the Office of Fair Trading and Banks' court case will be handed down on Thurs. This will answer whether it’s possible bank charges can be unlawful under unfair contractual terms rules. If they can, the OFT must then say whether they are unlawful, which it’s likely to do.

From Moneysavings expert web site

[carter56]

so the result is due on thursday 24th april anyone got any views and should we be doing anything ??
linda

[GuidoT]

The only thing we can do is wait until tomorrow, there will be advice from here as to what you should do contingent on the outcome.

[welshwizzard]

Try this link

Re: Bank charges ruling due on Thursday 24th April

This is what it says (in case above doesnt work)

Don't forget that the handing down of the Judgement on Thursday is likely to only be in relation to the current Terms and Conditions of the Banks and whether they are subject to a test of fairness, as argued by the OFT in accordance with the UTCCR 1999. It is quite likely that any decision or guidance to the County Courts regarding the application of UTCCR 1999 in relation to historic terms and also the penalty charge aspects of unauthorised overdraft charges ( the majority of people's stayed claims are based on historic terms and penalty charge aspects) will probably not be given until a month or so after the initial judgment.


This is what Justice Andrew Smith said on the last day of the Test Case ( almost his final words ).

"I have already said that the reason I felt it appropriate to deal with the current terms at this stage, and not deal with the historic terms, is because there is every indication that to some extent my findings will translate readily to a significant proportion of the historic terms, and that, while nothing is certain, might well lead to decisions on the historic terms being made in very short order, within a month one would certainly hope ( of the initial judgment )."

Neverthless, I am sure we will all be reading into whatever the Judge has decided to hand down on Thursday and surmising the possible outcomes for our own outstanding claims.