FOS determination: legal proceedings | Practical Law

FOS determination: legal proceedings | Practical Law

The Court of Appeal has held that a complainant that has accepted an award from the Financial Ombudsman Service over a complaint cannot later issue court proceedings on the same set of facts.

FOS determination: legal proceedings

Practical Law UK Articles 0-561-9096 (Approx. 3 pages)

FOS determination: legal proceedings

by Slaughter and May and Practical Law Financial Services and Practical Law Corporate
Published on 27 Mar 2014
The Court of Appeal has held that a complainant that has accepted an award from the Financial Ombudsman Service over a complaint cannot later issue court proceedings on the same set of facts.