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However, in a written judgement published on Wednesday morning, the panel of five Supreme Court judges unanimously agreed to grant Lloyds Banking Group's appeal against the Court of Session's ruling.
BBC: Lloyds Banking Group wins ?3.5m charity appeal
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Lloyds Banking Group's focus returns this week to the topic of its future management as the bank takes a series of steps to boost its financial health, including its successful bond exchange.
WSJ: What's News
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Its importance has grown in recent years after the banking crisis forced two of the U.K.'s largest financial institutions, Lloyds Banking Group PLC and Royal Bank of Scotland Group PLC, to halt dividend payments after the government bailed them out.
WSJ: BP Takes Heat From Two Sides on Dividend
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The company's two main bank lenders are Royal Bank of Scotland and Lloyds Banking Group.
BBC: HMV 'confident of finding solution'
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Lloyds Banking Group, with around 30% of the nation's current account and mortgage lending, is even more dominant in the Scottish business market.
BBC: Banking on the future
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In 2008 the British government bailed out Scotland's two biggest banks, Royal Bank of Scotland (RBS) and HBOS, which was acquired by Lloyds Banking Group.
ECONOMIST: The economics of home rule