Hundreds of farmers and businesses in the agricultural industry could be entitled to compensation for business loans

farm, farmers, compensation

Hundreds of farmers across the UK could be eligible to join a Legal Group Action against Clydesdale (including Yorkshire Bank) and the National Australia Bank.

It is alleged that these banks “fraudulently” and “dishonestly” provided fixed rate business loans to thousands of businesses, with the farming sector being particularly targeted.

Who can join the Legal Group Action?

If you’ve had a business loan from Clydesdale or Yorkshire Bank, then you could be eligible to join the Legal Group Action. Over a thousand businesses have already signed up and more are joining each day.

Furthermore, you can still join even if you’ve already claimed before, your complaint has been ‘time-barred’ or you’ve already accepted an offer. Even dissolved companies can join.

Why join the Legal Group Action?

  • Compensation could be significant – claim values are anticipated to be between tens of thousands to hundreds of thousands of pounds and can include consequential losses
  • It costs nothing to join the group and you only pay fees if the Group Action is successful
  • Joining is on a strictly “no win, no fee” basis
  • Over a thousand businesses have already signed up, and with each new business that joins, the chance of significant compensation increases
  • A top tier legal team has been appointed together with a leading litigation funder (Augusta Ventures)

Don’t miss your chance to claim

If you took out a loan with Clydesdale or Yorkshire Bank but are unsure if was fixed rate, get in touch and we’ll check for you. You can call us on 0113 323 1950 or email and we’ll be happy to help.

in News

This website places cookies on your device. Refer to our Cookie Policy to see how we use cookies. By continuing to use the site, we’ll assume that you are happy for us to set these on your device. Find out more.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.