Legal News

Barclays dodges contractual duty over misselling review

Published on: 19 July 2018
Published by a Law360 reporter

Article summary

Law360, London: Barclays Bank PLC did not owe two property development companies a contractual duty when it reviewed claims that it had missold them an interest rate hedging product, a London court has ruled, in a landmark finding that the bank owed a duty only to Britain’s financial regulator.

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