Cooke Young & Keidan wins right to take Barclays Libor claims to High Court

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  • Barclays always denies everything never admits anything.Forever the wrigglers maybe they will bring back the former head to give evidence .

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  • Brick Court vs 3VB = not quite David vs Goliath stuff!

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  • Anonymous at 2pm - note sure you've quite got the hang of this, yet. Try again.

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  • How could the claimant possibly have ustained a loss of £38m due to the alleged 'manipulation' of libor?
    I can understand a more general swaps mis-selling issue, but LIBOR 'manipulation'?
    Seems that Flaux has little or no understanding of LIBOR, how it was set, the market conditions at the tim etc.
    What a total waste of court time and taxpayer's money.

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  • There does seem A risk that banks are being treated in a perhaps populist way as a compensation fund for all ills. A claimant is surely required to demonstrate a quantified loss. I find it very difficult to see how a £38 million loss could have arisen.

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