ContractLitigation Management Agreement, Damages-Based Agreement, Terms of Business, Authority Document • March 12th, 2021
Contract Type FiledMarch 12th, 2021Signing up to the Claim Everyone who wishes to become a Claimant must agree to the same documents. These are:● a Litigation Management Agreement (‘LMA’);● a Damages-Based Agreement (‘DBA’) with Harcus Parker;● our Terms of Business; and● an Authority Document, through which you will signal your agreement to the documents listed above.You can find all of the documents here. The purpose of this summary, which is not a substitute for your reading the documents in detail, is to help you understand what the documents say. The Claim Many people, principally as a result of the nationalisation of Northern Rock and Bradford & Bingley and the subsequent re-structuring of those companies, have been trapped paying high rates on their mortgages. But, if they happened to have had their mortgage with a different lender, they would as matter of course have been offered a product transfer and would generally have been treated more favourably. These people, of whom you may be one, are often referred to