We have previously reported on the progress of two pending cases in the High Court (Graiseley Properties v Barclays Bank and Deutsche Bank v Unitech Global) that have been widely viewed as test cases on the potential for private claims by customers who entered into LIBOR referenced products with LIBOR panel banks. The Supreme Court has now refused permission to appeal from two recent Court of Appeal judgments involving high-profile misselling claims against banks. The result of the Supreme Court decisions is to put an end to one of the claims but to allow the other to proceed to trial in the High Court. To read more about the decisions, click here.
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