letters

In good shape

John Simmonds, managing director, Towry Law Group Sir, The assertion in your leader of 26 January that Towry Law has current financial difficulties is misleading and factually incorrect. Peter Hargreaves, the 19 January IW, was correct when he stated it was several years ago, and under the direction of a former managing director, that Towry Law had to enter into an arrangement with the FSCS because of the legacy issues of an acquisition it had made. The arrangement was made on terms to minimise the impact on the industry, to maximise the funds available for claimants, and was also concl...