An application for a Judicial Review of the Nationalisation Act and the associated Compensation Order was filed on behalf of a representative sample of private shareholders on the 8th May 2008. SRM Global also filed a similar application on that date and RAB Capital subsequently filed such an application in addition (these two companies are the largest institutional shareholders).
A 15 page summary of the grounds for the application can be found on the UKSA website. UKSA continues to recruit members and seek donations to enable this process to proceed.
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