The governors of an
independent Sheffield girls’ school which was forced to shut suddenly are
planning legal action against the Royal Bank of Scotland.
Brantwood School in Nether Edge, Sheffield closed down in February 2010 with dozens of pupils forced to find alternative schools at INCREDIBLY, CRIMINALLY short notice.
Now its former governors are planning to act in the wake of a new report which accuses R.B.S. of setting up a ‘hit squad’ to force small companies out of business in order to seize their assets.
Brantwood School in Nether Edge, Sheffield closed down in February 2010 with dozens of pupils forced to find alternative schools at INCREDIBLY, CRIMINALLY short notice.
Now its former governors are planning to act in the wake of a new report which accuses R.B.S. of setting up a ‘hit squad’ to force small companies out of business in order to seize their assets.
YES!
“Then just after Christmas members of the RBS Global Restructuring Group became involved, and things started to change dramatically.”
Allegations against RBS, which is mostly owned by the Government, centre on the Global Restructuring Group. It is accused of snapping up at rock bottom prices properties and other assets belonging to previously viable companies...."
IT IS CALLED ASSET STRIPPING, ACTUALLY!
