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Barclays must pick up £30m legal bill from court case with businesswoman Amanda Staveley

Barclays must pick up £30m legal bill from court case with businesswoman Amanda Staveley
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Roger Jenkins , Amanda Staveley , High Court Fight Image , Privacy Notice , Justice Waksman , High Court Fight , ரோஜர் ஜென்கின்ஸ் , ப்ரைவஸீ அறிவிப்பு ,

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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Businesswoman's court fight with Barclays generated £50m legal bills, judge told


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) ....

City Of , United Kingdom , Roger Jenkins , Amanda Staveley , Dominic Lipinski , Steve Parsons , High Court , Justice Waksman , Rolls Building , Joe Smouha , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , ரோஜர் ஜென்கின்ஸ் , ஆதிக்கம் செலுத்தும் லிபின்ஸ்கி , ஸ்டீவ் பார்சன்கள் , உயர் நீதிமன்றம் , சுருள்கள் கட்டிடம் ,

Barclays must pay £33m legal bill for Amanda Staveley court case : CityAM


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. ....

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