Equitable Ends Legal Battle Plan

Daily PostApril 20, 2004

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Summary


TROUBLED mutual Equitable Life yesterday announced it was abandoning plans to sue Government and financial regulators over their role in its collapse.

The society said following legal advice it had concluded it had no "realistic legal claims" against its former regulators the Treasury or Department of Trade and Industry or the Financial Services Authority.

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Equitable Ends Legal Battle Plan

Its law ...

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