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All Square recruitment drive after increased caseload and £445k of wins

Leeds-based All Square has brought in a trio of experts to challenge banks over billions in mis-sold business loans in a recruitment drive after securing £445k in compensation for 2 companies on appeal.

The firm has said that a significant rise in caseload prompted the recruitment drive and the firm predicts rapid progress during 2014.

Specialising in securing redress for businesses that have lost hundreds of thousands of pounds after they were mis-sold complex financial hedging products, All Square’s case load has risen significantly over the past three months.

Daniel Hall, managing director at All Square said: “With these complex claims taking a substantial amount of time and expertise to resolve, we are expecting further growth well into 2015.

“As a result we needed experienced people to support the growth in case load. Our new recruits join an established team of legal and banking industry specialists, at a time when All Square’s services are in high demand.

“We are making a name for ourselves in the claims market for complex financial product mis-selling cases where the stakes are high.

Amongst All Square’s recent successes were two FCA review scheme appeals, one for a Yorkshire-based company and another in the North East.

The company secured a combined £445,000 in basic redress for the two companies after their claims were initially rejected.

Hall said: “The amount owed to these businesses is in reality much greater and we will be pursuing those banks for consequential losses as well.”

Solicitors Kelly Cunningham and Anna Sofia Ferreira have been recruited from Eversheds and the International Law Partnership (previously John Howell & Co) respectively.

Completing the trio is Paralegal Sophie Williams who joins from Lloyds Bank.

Judith Clark, All Square’s legal director said: “We are delighted to announce the arrival of Kelly, Anna and Sophie to our team.

“They each have their own unique experience and expertise which we can draw upon to ensure we continue helping businesses claim redress for mis-sold complex financial products.”

This was posted in Bdaily's Members' News section by Clare Burnett .