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After the Premier League confirmed the struggling Newcastle United had been sold to a Saudi-backed consortium, fans began celebrating wildly outside the St James Park stadium. ....
Amanda Staveley appeals High Court decision on Barclays damages Financier is challenging the court’s decision not to award her damages following legal battle with the bank Amanda Staveley arrives at the High Court during her legal battle with Barclays last year Financier Amanda Staveley has begun an appeal following the defeat of her High Court legal action case against Barclays. The appeal, filed on Friday afternoon, is challenging the court’s decision not to award her damages. Ms Staveley s firm PCP Capital Partners sued the bank for more than £600m, claiming other parties in Barclays 2008 multi-billion-pound fundraising received better terms. ....
Green will now receive his £1.7m, plus interest, after a three-year battle. In a statement, Green said the last three years had felt like “hell on earth,” adding: “But today I feel like the world has been lifted off my shoulders and I feel so incredibly happy and received – for me, my family and my legal team. “The champagne can finally come off ice and be savoured.” A Betfred spokesperson said: “Mr Green won the jackpot three times whilst playing a game provided by one of our third-party suppliers. The supplier reported a software problem to us and advised that we should withhold payment. ....
In the High Court today Judge David Waksman said he made “no order as to costs”, so both sides will pay their own bills. According to court documents, Staveley’s PCP Capital Partners amassed nearly £20m in legal costs during the long-running trial. Lawyers acting for Ms Staveley had called for the bank to contribute £11m towards her expenses. “We welcome the Judge’s decision, which justly ensures that PCP is not liable to pay Barclays any of its costs of the litigation,” Khaled Khatoun, Staveley’s lawyer, said today. The high-profile trial centred around the claim that Barclays gave Staveley’s private equity firm less favourable treatment than other parties in the emergency £7.3bn fundraising that saved the bank from a state bailout in 2008. ....