Commercial Court lists Libor ‘test case’

Graiseley Properties Ltd & Ors v Barclays Bank Plc (2012)

On 29 October 2012 Flaux J gave the claimants, part of the Guardian Care Homes Group, permission to amend their claim to plead fraudulent misrepresentation / deceit and (by consent) a breach of Article 101 anti-competition law claim against the defendant, Barclays, arising out of the bank’s involvement in Libor fixing.

The adjourned CMC was heard on 13 and 14 November 2012 (partly in camera): http://www.ft.com/cms/s/0/f8cc9992-2e6a-11e2-8f7a-00144feabdc0.html#axzz2CIkq4TNh.

Farhaz Khan of Outer Temple Chambers (led by Tim Lord QC of Brick Court Chambers) acted for the claimants, instructed by Philip Young of Cooke, Young & Keidan LLP.

News 15 Nov, 2012