Derbyshire End Game

Apologies if this has already been brought up but in their letter of 20 November 2007 the Derbyshire said “The reference to the Derbyshire Building Society having given an Irrevocable and binding undertaking to ensure that while Derbyshire Offshore remains its subsidiary, it will at all times be able to discharge its financial obligations as they fall due will no longer apply but will be replaced by reference to Kaupthing Bank hf having given an irrevocable and binding undertaking to ensure that, while Kaupthing Singer & Friedlander (Isle of Man) Limited remains its subsidiary, it will at all times be able to discharge its financial obligations as they fall due”.

Now that it has been established that this was a lie is this not the time to go after Derbyshire/Nationwide ?