The recent court ruling dominated the motor finance convention; it wasn't just an elephant in the room-it topped the agenda.
Analysts predict compensation costs up to £30 billion, with the Bank of England warning of misconduct bills as high as £25 billion.
Leading names in the claims business, including Bott and Co and Courmacs Legal, are already gearing up for potential mass claims.
The judgement could prompt a fresh torrent of claims reminiscent of the PPI scandal which led to tens of billions in compensation.
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