Re: At the mercy of the court
I'd have thought that it would help your case to show a judge that you'd done some serious work on joining/not joining an approved regulator. After not finding one you'd liked, you'd looked at setting another one up (obviously with others like Private Eye, the Guardian, FT, Economist etc). And that you'd put in place some systems to allow low-cost arbitration before court action as an option to any complainant. That at least shows that you've not simply ignored the problem for the last 4 years, in the hope it would go away. And that you've taken the issue seriously.