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

zxcvbnm

Registered User
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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
 
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
 
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 ?
 
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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