Editorial: Banking on the courts

For, while a win would presumably be seen as good news for members of the company, there would doubtless be many who feel betting their savings returns on the whim of courtroom arguments is missing the point. The standpoint that since it was a court decision that put the company in the mire in the first place it therefore follows that another courtcase could undo the damage does not detract from what were investment, marketing and other decisions taken well before the 2000 House of Lords ruling, decisions that put everybody – directors and members – on the path to trouble. Long-term s...