Gavin Foggo, head of dispute resolution at Fox Williams, was recently quoted in The Times article dated 20 March 2014: “Credit Crunch Claims Start to Bite,” discussing the recent increase in the number of lawsuits being issued due to the impact of limitation periods affecting claims arising from the 2008 credit crunch. “Initially the businesses that were hit by the financial crisis were just grateful to have survived,” says Gavin Foggo. “Everything went quiet legally because they weren’t in a state to start launching cases.”
If you believe that you have claims from this period which you were not in a position to litigate at the time but are now considering pursuing, please contact a member of the dispute resolution team as soon as possible, since such claims may be approaching the end of the time limit for bringing claims. We have also good relationships with the major funders who can assist with financing.