Walker Morris LLP

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Barclays defeats claim based on information provided to credit reference agencies

A couple who ran a successful property development business have failed to recover losses from Barclays, which they alleged were suffered as a result of information which Barclays provided to credit reference agencies. The key finding was that there was no liability, as the information provided was accurate, but the court went on to find that the credit crunch and falling property market were likely to have caused loss in any event.

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Overview

Kings Court
12 King Street
Leeds
LS1 2HL
UK
http://www.walkermorris.co.uk

Turnover (£m): 41
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