What about the Hull County Court order?

steveh66_2

Hi all

just looking through this site at the timeline of developments, and a few things come to mind. Firstly, what's the deal with the Hull County Court order by Judge Beresford early July that several banks had to disclose full details of their costs in relation to current accounts? Does this no longer stand, given the test case? Secondly, was the agreement by the banks to the test case in response to this, in order to buy them time? - it was announced the same month, and the months-long backroom discussions between the banks and OFT that occurred before the test case announcement don't seem to have been referred to at the time of the Hull order. Lastly, is there/could there possibly be any implications for preventing a stay from this: due in court this Friday, and not feeling confident after a letter from HSBC's solicitors confirming their intent to request a stay.

Stokey125

steveh66 wrote: »

Hi all

just looking through this site at the timeline of developments, and a few things come to mind. Firstly, what's the deal with the Hull County Court order by Judge Beresford early July that several banks had to disclose full details of their costs in relation to current accounts? Does this no longer stand, given the test case? Secondly, was the agreement by the banks to the test case in response to this, in order to buy them time? - it was announced the same month, and the months-long backroom discussions between the banks and OFT that occurred before the test case announcement don't seem to have been referred to at the time of the Hull order. Lastly, is there/could there possibly be any implications for preventing a stay from this: due in court this Friday, and not feeling confident after a letter from HSBC's solicitors confirming their intent to request a stay.

On your first point until such time as the judge on an application to vary or discharge an order does vary or discharge the order then it still subsists and ahs to be complied with. Any failure to comply with an order of the court is a technical contempt however it is normal on a first breach to aply for anorder that if in this case the defendant does not comply with theo order in a specific time then he be debarred from further defending.

Stokey125

If I recall the Hullorder the banks have until this Friday to disclose the information ordered. Does nayone know if they have done so or have they applied for a stay on these matters.

Nathan_Spleen

I believe the bank has settled

paull_4

The judge in Hull said the banks had to make full disclosure of their costs etc by 28th Septemeber. Did they ? what happened? it all seems to have gone very quiet.