Robert Morfee, partner Clarke Willmott, says the law firm has put 14 May as the deadline for making decisions on the first tranche of papers received from policyholders responding to the class action lawsuit being formulated by Equitable Life Trapped Annuitants, ELTA.
The first batch of policy documents required by the lawyers will result in a “firming up” of the proposals for pushing the suit ahead by the end of June, Morfee says. ELTA has issued guidelines on its website as to the sorts of documents policyholders are required to hand over for perusal as a first stage in deciding whether they would qualify to join the planned legal action. According to ELTA, the cost of the first stage is a non-refundable £100 covering administration and legal services provided by Clarke Willmott. Once the firm decides there is enough material to put together a...
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