In brief: Lawyers weigh up Barings litigation hopes

City lawyers acting for Barings creditor groups are assessing the chances for litigation following publication of the 'Report of the Board of Banking Supervision Inquiry into the Circumstances of the Collapse of Barings'. One lawyer acting for an action group of City institutions says the report raises the possibility for suing certain Barings directors, auditors of Barings in Singapore and London, and maybe regulators such as the Securities and Futures Authority and the Bank of England itself. In a separate move, an expedited trial date was set down last week for Barings 1986 Noteholders, represented by Denton Hall, to sue for the $150 million assets of Barings BV in Holland.