Company: Holman Fenwick Willan LLP
Published: 14 May 2013
Continuing developments in LIBOR manipulation has seen a large influx of litigation being generated. Although interest rate swap (IRS) mis-selling litigation occurred before LIBOR manipulation, claimants have sought to amend their claims, pleading LIBOR manipulation in their mis-selling actions. These amendments have been allowed in the past cases. However, a different outcome resulted when the defendants in Deutsche Bank and Others v Unitech Global and Another  EWHC 471 sought to plea similar amendments.
This white paper analyses the case Deutsche Bank and Others v Unitech Global and Another  EWHC 471. It looks at the facts of the case, provides you with insight into the decisions that were made and how they are likely to affect future claims.