Landmark Court Case Underscores KWS Litigation Investment Prospects

BEC News

Written by J S

March 22, 2024

Recent developments following a landmark court case concerning a mis-sold business energy contract underscores the added value, importance and dynamic investment prospect that KWS Litigation represents.

The landmark court case concerning a County Durham-based small amusement arcade business, trading under the name Queenie’s Casino Slots, has received substantial compensation.

Floodgates For Legal Claims

ENGIE, a global energy group operating in three key sectors, was found liable for the mis-selling of the energy contract.

This case has opened up the floodgates for legal claims from thousands of small businesses, with turnovers below £1.8 million, in what has been described as a scandal surpassing the scale of PPI mis-selling.

Unlike residential consumers, most businesses in the UK require specialised energy supply contracts, typically arranged through energy brokers. These brokers negotiate with energy suppliers on behalf of businesses to secure more favourable contracts than businesses could directly obtain.

However, it has come to light that brokers have been discreetly adding undisclosed commissions to energy tariffs while claiming to secure the best available prices for their clients. This deceptive practice—which has persisted for decades, has now been exposed, leading to a surge in legal claims. For many businesses grappling with the energy crisis, these hidden fees could mean the difference between survival and closure.

Ofgem addressed this loophole in October 2022, subsequently mandating brokers to disclose their commissions to clients.

Promoting Investment Into KWS Litigation

Westbrooke Associates began promoting investment into KWS Litigation in February 2024 by means of introducing a pioneering investment opportunity in litigation funding.

This innovative financial avenue enables investors to back business energy claims without imposing financial strain on claimants—ordinary small business owners and non-domestic energy users, including charities, sports and social clubs and places of worship who have fallen prey to unethical practices.

The distinctive aspect of litigation funding presents investors with the potential for significantly higher returns compared to other alternative asset classes, rendering it a highly attractive investment choice.

KWS Litigation takes on meritorious legal cases via investor funding for claims including mis-sold loan agreements and business energy claims. KWS Litigation values the average business energy claim between £25,000 – £50,000.

Lawyer Victoria Myers, Said:

“This has the potential to be the next PPI scandal with thousands of innocent business owners being misled and mis-sold contracts. A major energy supplier deliberately concealed costs from a small business and that is huge. This is a multi-billion-pound issue and at a time when businesses struggle with growing costs across the board, it is important for them to look at their contracts and ensure they aren’t missing out on what is rightfully theirs.”

Referring to The Queenie’s Casino Slots Case, The Presiding Judge Said:

“This has the potential to be the next PPI scandal with thousands of innocent business owners being misled and mis-sold contracts. A major energy supplier deliberately concealed costs from a small business and that is huge. This is a multi-billion-pound issue and at a time when businesses struggle with growing costs across the board, it is important for them to look at their contracts and ensure they aren’t missing out on what is rightfully theirs.”

Innovation and Transparency

Operating under the banner of KWS Law Limited, KWS Litigation stands as an Alternative Business Structure committed to choice, innovation and transparency. Regulated by the Solicitors Regulation Authority (SRA: 830165), KWS Litigation focuses on legitimate litigation claims upheld by the High Court surrounding the mis-selling of loan agreements and business energy contracts.

With a deluge of claims potentially extending as far back as the year 2000, Westbrooke Associates are working in collaboration with KWS Litigation, proactively inviting investors to be part of a win-win, low-risk venture that not only stands at the forefront of legal innovation but also promises exceptional returns.

Register your investment interest today and contribute to a system that supports justice, generates returns and shapes a brighter future.

Westbrooke Associates identifies a wide range of investment opportunities, backing the businesses you believe in, including investment opportunities in litigation funding. Register your interest today and explore how we can help you target and capture attractive returns.

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