Couple awarded €16,000 over bad mortgage advice

cagney88

Remember those endowment policies (mis)sold to people in the 80's and 90's?.......


http://www.independent.ie/national-news/courts/couple-awarded-836416000-over-bad-mortgage-advice-2188423.html

The_Minister

Eddie Hobbs testified as an expert?

Tom Young

Yep.

johnnyskeleton

The_Minister wrote: »

Eddie Hobbs testified as an expert?

And they still won

subrosa

Its a Circuit Court decision so it'll be appealed, but I have a hunch that if it comes before the right judge in the High Court the decision might be the same. I get the feeling that there's an anti-bank sentiment on the bench waiting for a good case to let loose.

PCPhoto

and according to the solicitor theres at least another 50 clients who were waiting for the outcome of this ....so you can expect this verdict to open the doors on a number of similar cases.

they were not in court for the judgement - according to sources they went away for a holiday - to avoid the media....they didnt enjoy being photographed entering and leaving the courts.


Ps. that verdict was last week !!!

eagle_&_bear

does anyone know if it was reported?

Tom Young

Save for the newspaper, no. Circuit Court cases rarely are, as you'll probably know already.

eagle_&_bear

just have to wait for the appeal