Category: Civil Litigation

Libor Fraud UK Litigation Solicitors

Graiseley Properties Ltd (Guardian Care Homes) v Barclays Bank PLC – LIBOR Manipulation Test Case

This landmark case involves claims by Graiseley Properties and Guardian Care Homes against Barclays Bank, alleging mis-selling of interest rate derivatives linked to LIBOR manipulation. It was the first English court case to address alleged fraudulent misrepresentation by Barclays related to LIBOR fixing. The case established precedents on implied misrepresentation and involved extensive evidence, including senior Barclays management. Legal experts are available to advise clients affected by such financial product mis-selling.

The Manipulation of LIBOR by the Banks and the Impact on Interest Rate Swap Mis-selling Claims

Barclays Bank was fined for manipulating LIBOR, impacting many UK small businesses sold complex interest rate derivatives on misleading terms. Banks implied LIBOR rates would be fair, but this was untrue, affecting the validity of these contracts. Businesses may seek contract termination or damages. Contact Lexlaw for expert evaluation and legal support on your claim.

LEXLAW successfully represented a family business mis-sold interest rate swaps by Barclays, securing a substantial settlement despite initial negative advice. This case highlights the widespread impact of derivative mis-selling on UK small businesses, including sectors such as property, hospitality, and retail. Lexlaw offers expert legal support to businesses affected by such financial product mis-selling. Contact Lexlaw for professional advice and representation.

LEXLAW featured on BBC Radio 4’s The Report: Interest Rate Swaps Mis-selling

LEXLAW successfully represented a family business mis-sold interest rate swaps by Barclays, securing a substantial settlement despite initial negative advice from counsel. This case highlights the widespread impact of derivative mis-selling on UK small businesses, including sectors such as property, hospitality, and retail.