BR100 Increased By (1.8%)
BR30 Increased By (2.63%)
KSE100 Increased By (1.64%)
KSE30 Increased By (1.7%)
AGHA 6.14 Increased By ▲ 0.11 (1.82%)
BECO 4.23 Increased By ▲ 0.37 (9.59%)
BML 61.11 Increased By ▲ 0.11 (0.18%)
BOP 29.33 Increased By ▲ 1.24 (4.41%)
CNERGY 11.95 Increased By ▲ 0.21 (1.79%)
CSIL 5.50 Increased By ▲ 0.20 (3.77%)
FCCL 56.59 Increased By ▲ 2.13 (3.91%)
FFL 13.07 No Change ▼ 0.00 (0%)
FNEL 1.16 Increased By ▲ 0.05 (4.5%)
KEL 5.85 Increased By ▲ 0.22 (3.91%)
KOSM 5.49 Increased By ▲ 0.15 (2.81%)
LOTCHEM 24.39 Increased By ▲ 0.56 (2.35%)
MLCF 96.85 Increased By ▲ 3.87 (4.16%)
NBP 169.83 Increased By ▲ 6.63 (4.06%)
NCPL 48.23 Decreased By ▼ -0.04 (-0.08%)
NPL 50.20 Increased By ▲ 0.49 (0.99%)
OGDC 309.13 Increased By ▲ 5.50 (1.81%)
PACE 9.02 Increased By ▲ 0.05 (0.56%)
PAEL 32.79 Increased By ▲ 0.88 (2.76%)
PIBTL 13.11 Increased By ▲ 0.37 (2.9%)
PPL 216.90 Increased By ▲ 3.99 (1.87%)
PRL 85.71 Increased By ▲ 1.37 (1.62%)
PTC 46.10 Increased By ▲ 1.11 (2.47%)
SSGC 23.29 Increased By ▲ 0.46 (2.01%)
TBL 8.98 Increased By ▲ 0.10 (1.13%)
TELE 6.67 Increased By ▲ 0.17 (2.62%)
TPL 25.32 Increased By ▲ 1.06 (4.37%)
TPLP 13.19 Increased By ▲ 1.20 (10.01%)
TREET 23.50 Increased By ▲ 0.36 (1.56%)
TRG 52.65 Increased By ▲ 1.18 (2.29%)
World

Financier Staveley loses Barclays lawsuit over 2008 fundraising

  • Judge David Waksman said on Friday that the claim of Staveley's PCP Capital Partners group, which has claimed damages of around 836 million pounds ($1.16 billion), "as a whole must fail".
Published Updated
By

LONDON: British businesswoman Amanda Staveley has lost a long and bitter London court battle against Barclays over whether she is owed damages after alleging she was deceived while negotiating a financial lifeline for the bank in 2008.

Judge David Waksman said on Friday that the claim of Staveley's PCP Capital Partners group, which has claimed damages of around 836 million pounds ($1.16 billion), "as a whole must fail".

Barclays welcomed the decision and Staveley said she would be taking advice on appealing the decision not to award damages.

Comments

Comments are closed for this article.