fecking judges

[Burdock]

An appeal would be interesting as losing in the high court would set a precedent while this loss does not. Are the TSB prepared to take that risk?

I just hope the lad who lost gets enough backing to fund his legal costs at the appeal court.

[BoredBloke]

"This is good news. I'm all for the banks giving those of us who can manage their affairs free banking and only charging those who take the piss"

Free banking is a myth. You only get free banking because the rate of interest you get on your account is so small. There is a reason why our banks are so profitable and the main one is that they offer such a poor rate of interest and charge massively when people creep a few pence into the red.

[Alf W]

This is good news. I'm all for the banks giving those of us who can manage their affairs free banking and only charging those who take the piss (if you make a genuine mistake the bank will usually refund the charges). The alternative is transaction based charging which hits all of us to pay for the few.

.. and I've got shares in a few banks as well

[BoredBloke]

An appeal would be interesting as losing in the high court would set a precedent while this loss does not. Are the TSB prepared to take that risk?

[lilelvis2000]

Bank wins charges case, full story here

This is an interesting quote when you think about IR35:

This f**ks me up.....I should not have listened to my wife delayed our case

Now Its a crap shoot.

[ASB]

and unlawful, considering contract law states penalties must be fair and proportional...and it has been estimated that each charge costs the bank less than a quid.

In the case of non specific penalties then I would agree. I'm not sure that contract law does state that specfic penalties must be proportionate, however it does implicity state they must be fair (by virtue of the unfair contract terms legislation).

The banks argument seems to be that it is in fact a service, the cost of which was documented.

It'll be interesting to see if there is an appeal and what happens.

[AtW]

ASB is right - banks sure took the piss, but now consumers thought it is their turn: neither is right here - in any case banks will get back their cash using other "legitimate" charges.

[Burdock]

Good. Right decision if you ask me. Not a popular view but if the charges were laid out in the agreement then the worst they are is, in my view, onerous.

and unlawful, considering contract law states penalties must be fair and proportional...and it has been estimated that each charge costs the bank less than a quid.

[ASB]

Good. Right decision if you ask me. Not a popular view but if the charges were laid out in the agreement then the worst they are is, in my view, onerous.

[threaded]

Bank wins charges case, full story here

This is an interesting quote when you think about IR35:

One should always bare in mind that the legal system exists to perpetuate the legal system. So, by making an obviously ludicrous judgment the legal system now has to go through the whole process of an appeal.

This will mean the judges, barristers, lawyers and associated flunkies of the legal establishment get a 'second bite of the cherry' that is the fees for the case.

Getting paid twice or more times for doing the same job in the vain hope that you get them to do it right this time is something lawyers seem to aim for.

[Burdock]

Bank wins charges case, full story here

[ratewhore]

Ratewhore is Denny and I claim my 5 scrotes...

[Kyajae]

Bank wins charges case, full story here

This is an interesting quote when you think about IR35:

Give it about er, um, 9 seconds and it will become precedent law. Basically, the judgement is carte blanche to shaft us.

[Flubster]

Bank wins charges case, full story here

This is an interesting quote when you think about IR35:

Ratewhore is Denny and I claim my 5 scrotes...

[ratewhore]

Bank wins charges case, full story here

This is an interesting quote when you think about IR35:

"The judge appears not to have looked behind the words on the contractual document,"