High Court finds in favour of Bluefin
Judge decides the Financial Ombudsman Service was wrong to consider a claim against Bluefin
Bluefin is celebrating a legal victory that could have important ramifications for the insurance industry.
The broker sought a judicial review of the Financial Ombudsman Service's (FOS) decision to adjudicate on a claim brought against the company.
The High Court, however, ruled that the ombudsman has effectively misinterpreted the law and cannot rule on the case.
Jurisdiction
The case revolved around the FOS's decision to accept jurisdiction to consider a complaint made by Wayne Lochner, the
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