Members of the SME Alliance gathered earlier this week to mark the organisation’s fifth anniversary.
Formed by small and medium-sized businesses that allege that they are the victims of crimes orchestrated by the big banks during the financial crash, the group has campaigned relentlessly for restitution.
When discussing if ordinary businesses should take legal action against the banks, Legal Director Neil Williams commented “It’s very debilitating – not to mention that in the worst cases the business will, essentially, be insolvent anyway. And although there is talk of third-party funding this is unlikely to feature in relatively small individual claims."
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