What We Do
RGL Management represents businesses which have suffered at the hands of Clydesdale Bank and Yorkshire Bank. In many cases this involves Tailored Business Loans (TBLs), or Fixed Rate Loans with Interest Rate Hedging Products (IRHPs). Many of these businesses, built through dedicated and honest hard work, were destroyed. And many of the owners do not even realise that they may have a valid claim.
RGL Management will commence legal proceedings on behalf of business customers of Clydesdale and Yorkshire Banks, claiming meaningful compensation for the losses sustained (including consequential losses where relevant). If you believe your business has a valid claim, please go to our Register page and enter your contact details. You will be contacted shortly thereafter so a more complete picture of what happened in your case can be developed. There is no cost or financial risk involved.
We remain confident in the strength of our case, and are working hard to pursue what's owed to sueClydesdale claimants.
If you're registered, you'll have received our latest newsletter. If not, and you believe you have a claim, you need to register now:
Despite Virgin Money & NAB stating that "there is absolutely no merit" in our action, they have since disclosed that they now expect to spend a combined total of over £30m defending the RGL claimants' claims.
As ever, we remain steadfast in pursuing what is owed.
On February 20th, RGL issued a further tranche of claims in Court in our ongoing sueClydesdale group action.
This builds on previous claims filed in 2019, 2020, and 2021, taking the total to 1403, representing 901 claimants — our group action continues to grow.
On Friday 14 October we issued a claim form against Link and Hargreaves Lansdown in London's High Court, on behalf of over 3,200 investors who suffered significant losses in the WEIF.
Read about the group litigation:
Did you know, you can still register for RGL's sueClydesdale group action even if your company has been dissolved. You may still be able to participate, but time is now running extremely short! Find out the answers to more of your questions here:
Did you know, you can still register for RGL's sueClydesdale group action even if your company has been dissolved. You may still be able to participate, but time is now running extremely short! Find out the answers to more of your questions here:
- Litigation funding arranged by RGL Management will pay for lawyers, barristers, ATE insurance, forensic accountants and other experts as required, meaning that participation in the litigation will be at no cost to claimants;
- Registrants and claimants will be indemnified against any adverse cost orders by After the Event (ATE) insurance obtained by RGL Management;
- Registrants registering with RGL Management will not be making any irrevocable commitment;
- Given the nature of the legal arguments and causes of action identified by RGL Management, claims for consequential losses will be included in the litigation;
- RGL Management can act for liquidated or dissolved businesses;
- RGL Management’s policy is that successful claimants will be entitled to receive 55% of the claim recoveries after certain fees and costs associated with the litigation and funding process.