When is high court challenge for 6,000 AIB customers commencing?

zxcvbnm

Frequent Poster
Messages
258
Hi Brendan

Obviously as expected, AIB are rejecting all appeals re the €1,650 - but is there a timeline as to if/when the high court challenge occurs?

Thanks
 

Brendan Burgess

Founder
Messages
37,836
Hi zx

There has been a change of strategy or timing here.

The first and simplest step is the Financial Services Ombudsman. There are a few cases with the Ombudsman at present.

If the Ombudsman upholds those cases then, everyone else should follow suit. It would be quicker, simpler and free.

If the Ombudsman rejects those cases, then recourse to the High Court will be necessary.

Brendan
 

coolaboola12

Registered User
Messages
47
Hi zx

There has been a change of strategy or timing here.

The first and simplest step is the Financial Services Ombudsman. There are a few cases with the Ombudsman at present.

If the Ombudsman upholds those cases then, everyone else should follow suit. It would be quicker, simpler and free.

If the Ombudsman rejects those cases, then recourse to the High Court will be necessary.

Brendan
Thanks Brendan, Do we have any estimated time frame for the ombudsmans decision on those cases ?
 

zxcvbnm

Frequent Poster
Messages
258
Hi zx

There has been a change of strategy or timing here.

The first and simplest step is the Financial Services Ombudsman. There are a few cases with the Ombudsman at present.

If the Ombudsman upholds those cases then, everyone else should follow suit. It would be quicker, simpler and free.

If the Ombudsman rejects those cases, then recourse to the High Court will be necessary.

Brendan
Ok - Thanks - Looks like this will drag on for many months - possibly even a couple of years. Particularly if the ombudsman rejects the appeal (which is probable given the central bank seems to be siding with the bank)
It would then require getting it lodged with the high court - which will probably take considerable time too.
 
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