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Sunday, July 29, 2012

The Irish Times - Sat, Jul 28, 2007 - Judgment reserved in Quinn Direct challenge

The Irish Times - Sat, Jul 28, 2007 - Judgment reserved in Quinn Direct challenge: Judgment reserved in Quinn Direct challenge
The High Court has reserved judgment on a challenge by insurance company Quinn Direct to the power of the Financial Services Ombudsman to direct it to refund certain charges imposed on customers over a six-year period.
Quinn Direct initiated the action over a decision by ombudsman Joe Meade to direct the company to return a €25 "administration charge" imposed on consumers who transferred motor insurance from one vehicle to another. Mr Meade directed that consumers who had paid such charges in the six years prior to his decision of April 2nd, 2007, should be refunded that money within three months.?

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