London Capital & Finance investors drop court appeal against FSCS

clock • 2 min read
London Capital & Finance investors drop court appeal against FSCS

Customers who lost money in the collapse of mini-bond company London Capital & Finance (LCF) have withdrawn their judicial review appeal against the Financial Services Compensation Scheme (FSCS). "On 29 March 2021 we shared the news that the court had reached a decision on the judicial review that was brought against FSCS by some LCF bondholders," the FSCS said in an update on its website. "The claimants then filed an appeal but have now announced that they have withdrawn this appeal. ...

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