RE: Good Start20 Nov 2024 11:53
Close Brothers Group plc ("Close Brothers" or "the Group") notes the publication of the judgment in respect of the "Hopcraft" case, upholding the claimant's appeal against Close Brothers Limited ("CBL"). The case, which was initially determined in CBL's favour, was heard in early July 2024 by the Court of Appeal ("the Court") together with two separate claims made against another lender.
Close Brothers disagrees with the Court's extension of the existing case law in this area and intends to appeal this decision to the UK Supreme Court.
Yes they will do as this matter is big trouble as we know but as the whole situations if go aheard will change the way how commision work out as this will kick off full complaint abount anything with third party commision .