Description: Online access to articles by Geoff Green
Online access to articles by Geoff Green
The conduct of RBS’ loan workout unit GRG in the aftermath of the GFC was highly controversial, attracting media and Parliamentary attention, and resulting in a series of inquiries and reports (discussed here and here ), as well as litigation by unhappy borrowers.
Some of the judgements have provided insight into the inner workings of bank restructuring teams, such as the claims pursued by PAG (discussed here ), and most recently, a case in which the borrower claimed conspiracy on the part of the Lender arising from the involvement of a borrower-side adviser (the Adviser ) engaged and paid by the borrower but nominated by the lender .