Businesswoman's court fight with Barclays generated £50m legal bills, judge told | Dumbarton and Vale of Leven Reporter

By
Press Association 2021
Amanda Staveley
A High Court battle between a businesswoman and Barclays generated lawyers’ bills in the region of £50 million, a judge has been told.
Amanda Staveley sued the bank for hundreds of millions of pounds after making complaints about the behaviour of bosses when negotiating investment deals during the 2008 financial crisis.
She said PCP Capital Partners, a private equity firm she runs, would have invested in the bank on “vastly better terms” 13 years ago but for Barclays’ “false representations”.
Barclays contested the claim.
Barclays had run up lawyers’ bills of nearly £30 million, the judge was told (Dominic Lipinski/PA)

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