That was my take on the case also. There is so much money involved for the RBS, it depends on their legal team. After 5 years they may call it a day, however with all these big institutions , time is a game they play as they know the average Joe cant afford the fight. I wonder if they paid out on Mrs Donnelly?

Hi

I contacted RBS this morning. As I contacted the Financial Ombudsman, they are awaiting a decision on this. I did contact the FOS to see if they are aware of the outcome of the case and would this affect the final decision. The FOS said that they do look at this.

So frustrating so I just need to wait. Even though I have rejected the FOS initial decision to offset

Email back thismorning from a John hutcheon case officer ppi excecutive team . He will get back to me once he finds out how the bank is proceeding not much More said . I’ll keep everyone up to date if anything is sent out .

Same as Luke just got this back by email.

"I am writing further to your email to Alison Rose yesterday evening. As a member of the PPI Executive Concerns Team I have been asked to look into matters for you.

I am currently liaising with our Insolvency Team to find out how the Bank are proceeding after the court ruling you have quoted below.

I will provide you with an update as soon as they get back to me.

Kind regards

John Hutcheon
Case Officer
PPI Executive Concerns Team"

I will post any updates that I get.

Hjaw

At last some positive news re RBS.....would you be able to share the e mail for John Hutcheon, so I can submit my claim again hjaw or luke4630 thanks.

I sent my email to Alison.Rose@rbs.com and it was John who replied.

I have heard nothing, think i will email Alison.

It sounds like positive news for everyone involved in the PPI/RBS situation.

I think it will take time for a decision to be made from RBS on this and if there is any other possible recourse to challenge this from their perspective.

If they decide to pay out now then it will come in handy for everyone especially at this time of year.

I cant see them rushing to pay out Mr Tannock. I feel their legal team will fight this all the way any way they can, and i dont mean to sound negative. The court case was a great and positive ruling, however the only way i can see them paying out is if the figures add up, ie if it is cheaper to pay people off as opposed to what they will pay to fight it. From the previous cases looks like they dont understand the word no, you are wrong.

I’d email Alison rose seems to get pick up by her executive ppi team

quote:

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Originally posted by Luke4630
[br]I’d email Alison rose seems to get pick up by her executive ppi team

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I did Colin thanks:)

I think it's entirely possible that RBS might choose to stop fighting this.

There's the legal and management costs involved. Reputational risk. Potentially, there may be a dialogue with their regulator going on behind the scenes as well. The regulator often takes an interest when a bank goes out on a limb and deals with something differently to the rest of the industry.

The sum of money involved is obviously huge. But when you've already paid out (or set aside) six billion pounds for PPI claims, maybe it doesn't seem like quite such a lot?

We'll have to wait and see of course.

Spoke to RBS yesterday who informed me that its looking at maybe appealing the outcome of court case,but a waiting on the legal dept.

A follow email just arrived

"Further to my email yesterday, I have been advised to pass on the following message:

‘We are considering the judgment and potential next steps. We will confirm our position in due course.’

Kind regards

John Hutcheon
Case Officer
PPI Executive Concerns Team"

Let the waiting game begin again.

Hjaw

Further email today .reply said we are considering the judgment and potential next steps . We will confirm our position in due course