Kazakh mining company ENRC does not have to post £34 million ($47 million) cash in its bitter legal struggle with Dechert LLP and the Serious Fraud Office, as a judge said on Friday that its financial woes were obvious last year.
Barclays Business Model Of Fraudulent Misrepresentation, Serious Deceit Legal Under British Law
You can say and do whatever you want to a dolly-bird tart in old Blighty, as long as she canât raise the money you need.
Author:
Feb 26, 2021
You can say and do whatever you want to a dolly-bird tart in old Blighty, as long as she canât raise the money you need.
Barclays has suffered more than its fair share of legal, regulatory and judicial tongue lashings over the years and lived to tell the tale. Still, Jes Staley & co. couldn’t have felt particularly encouraged by this bit of banter from the bench.
It’s hard to think of a civil case where the victors will have less to celebrate. Yes, Barclays has won its legal battle against Amanda Staveley. It will keep the £830 million she was seeking. But in
Amanda Staveley loses high court action against Barclays msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Barclays found guilty of serious deceit in 2008 fundraising, Staveley denied damages
By Kirstin Ridley
Reuters
LONDON (Reuters) - A London High Court judge has found Barclays guilty of serious deceit over how it negotiated a financial lifeline with Amanda Staveley during the credit crisis in 2008, but on Friday denied the British businesswoman damages.
Judge David Waksman said the decision would be a grave disappointment to Staveley s PCP Capital Partners group, which has claimed around 836 million pounds ($1.16 billion) in compensation. .while PCP has succeeded on liability, it has failed on causation and loss with the result that the overall claim fails, he said.