Sir David Foskett was appointed to chair the independent Re-Review Panel, also known as the Foskett Panel Review, to reassess the direct and consequential (‘D & C’) losses suffered by victims of the fraud committed at the ‘HBOS Impaired Assets unit based at Reading and Bishopsgate (‘IAR’)’. Since it’s inception the Foskett Panel Review has re-reviewed 223 matters and, according to the Panel’s December 2022 update, there are another 99 customers yet to receive a decision from the Panel.
Forum Chambers Offers a Specialist Service to Help Applicants to the Foskett Panel
At Forum Chambers we specialise in Banking and Financial law. For victims of the HBOS Reading Fraud we offer an effective specialist service in relation to the Foskett Panel Review. Following the change to the Panel’s processes, we have worked with a number of clients providing a variety of services:
- Drafting submissions in advance of Victim Status Decisions
- Preparing for meetings with the Panel
- Challenging adverse Victim Status Decisions, and
- Determining how to value and present claims for Direct and Consequential Losses.
So far we have achieved multiple 8 figure sums for clients who were victims of the HBOS Reading Fraud and we work closely with a number of solicitor firms who are also regularly instructed in such matters.
Forum Chambers can provide a free initial chat to discuss your claim, whether you are a victim or a solicitor client with potential clients who are victims, once we understand your case, the next steps in the process can include:
- Providing advice relating to process of the Panel decision and next steps
- Drafting Submissions to the Panel
- Conducting Meetings / Settlement Discussions with the Panel
- We are also able to challenge any adverse victim status decision you may receive
If you have any questions regarding the Foskett Panel Review (https://www.foskettpanel.com/) or would like an initial call to discuss your claim then please call 0203 735 8070 or email clerks@forumchambers.com.
