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04.12.18

Application for permission to appeal dismissed in Lloyds Banking Group Pensions Trustees Ltd. v Lloyds Bank plc & Ors.

Following his reserved judgment dated 26 October 2018, on 3 December 2018 Morgan J heard an application by the representative beneficiaries for permission to appeal on the issues of (i) methodology and (ii) forfeiture. This application was refused, the Judge holding that neither proposed ground of appeal had a real prospect of success. The Judge also said that he would prepare a short supplemental judgment dealing with Method D2. When available, a copy of that judgment will appear on chambers’ website. Keith Rowley QC continues to act for the employers.