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Wednesday 17th of March 2010

News Tag: unlawful

November 30, 2008

Legal challenge launched against Lloyds TSB / HBOS merger

by Kay Murchie
”Legal
A group of businessman have launched a legal challenge against the proposed Lloyds TSB / HBOS merger, claiming the Government’s approval was illegal. The Merger Action Group (MAG), which is led by Malcolm Fraser, claimed that business secretary, Lord Mandelson, waived competition rules and that his decision was ‘unlawful‘. Mr Fraser, an Edinburgh architect who was in charge of the ...