I run a small company; I took Barclay's Bank to court as a Micro Enterprise.
Under the FCA Banking: Conduct of business source book (BCOBS or COBS), the BCOBS states that a business with a turnover of under 2,000,000 Euros and fewer than 10 staff is classified as a consumer and to my understanding of the BCOBS has the same rights as such.
Initially I was awarded judgement (by default) as Barclay’s didn’t respond to the court in time. But they had it over turned arguing that although we may be a Micro Enterprise, we did not have the same rights as a consumer and thus had no case, therefore the court argued Barclay's would have a strong likelihood of defending the case.
As from last week they have 28 days to prepare their fuller defense.
Can anyone shed any light on this, do I have consumer rights in this case, has anyone had a similar experience?
